Great opportunity for an investment or build new for your family. This city lot is 2 blocks from Washington Park. Indianapolis has really impoved this area and single dwelling homes are selling in the mid to low $200,000's. The seller has architectual plans for three Townhomes each with 2 bedrooms and 2 baths. Current area rents would generate approximately $1550 a month per unit. Liv in one Townhome and pay for all three with rents from 2. That is an estimated $55,800 in gross receipts.
Listing courtesy of United Real Estate Indpls.
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