7020 Twin Oaks Drive Indianapolis, IN 46226
This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 12 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 2 beds plus a small bonus room and 1.5 baths - & -3 units with one bedroom and 1 bath. One of the 1 bedrooms has a bonus room and covered patio. There is ample parking for up to 12 units. Both ends of the building are/could be ADA compliant. The apartment complex adjacent to to the East - Kingston Square advertises 1/1's at $979+ per month. 2/1.5's at $1499 per month. With the current 7 units finished out the gross rents could be north of $9, 000mo. Frame it back out to 12 units and the gross rents would be minimum $12, 000mo.
- Property TypeCommercial
- NeighborhoodN/A
- CountyMarion
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusPending
- MLS ID Number21980000
- Home Size Source Assessor
- Year Built1968
- Lot Size0.6 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Contemporary
- Construction Brick
- Number of Stories 2
- Acreage 0.6
- Attached Garage No
- Utilities Electricity Connected
- Foundation Slab
- Zoning commercial
- Direction Faces South
- Number Of Stories 2
- Parking Common
- Lot Features AccessSidewalksStreet LightsMature Trees
Interior Features
- Cooling Wall Unit(s)
- Heating Electric
- Laundry Features Connections All
Exterior Features
- Roof Shingle
- View Neighborhood
- Waterfront Property No
- Lot AccessSidewalksStreet LightsMature Trees
- Road Frontage City Street
- Construction Details Brick
Community Features
- Township Warren
- MLS Area 4905 - Marion - Warren