$325,000
Active
New Listing
0 Beds0 Baths0 SQFT
Active

936 N Alabama Street Indianapolis, IN 46202

Discover a prime investment opportunity in the vibrant St. Joseph neighborhood of downtown. This charming row house, free of HOA restrictions, features three distinct 1-bedroom units, each equipped with its own washer and dryer for added convenience. Located just a short stroll from an array of restaurants and entertainment options, this property is ideally positioned to attract both long-term and potentially short-term tenants. Two of the three units have been recently upgraded. All three units are currently leased, with two occupied by reliable long-term tenants on a month-to-month lease and the third unit also generating steady rental income. This property offers the perfect blend of urban accessibility and investment stability. Don't miss out on this exceptional chance to enhance your real estate portfolio in one of downtown's most sought-after neighborhoods.

  • Property TypeMulti-Family
  • NeighborhoodSorins
  • CountyMarion
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site0 Days
  • MLS StatusActive
  • MLS ID Number22000567
  • Home Size Source Broker
  • Year Built1890
  • Lot Size0.04 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Multi- Level
  • Basement ApartmentEgress Window(s)Finished
  • Number of Stories Multi/Split
  • Acreage 0.04
  • Security Carbon Monoxide Detector(s)Fire Alarm
  • Property Sub Type Triplex
  • Attached Garage No
  • Lot Features City Lot

Interior Features

  • Cooling Central Electric
  • Heating Gas
  • Laundry Features Other

Exterior Features

  • Exterior Not Applicable
  • Lot City Lot
  • Road Frontage City Street

Community Features

  • Township Center
  • MLS Area 4912 - Marion - Center Ne
  • Security Features Carbon Monoxide Detector(s)Fire Alarm

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Monthly Payment (Est.)

$1,618
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