This is a unique opportunity to own a 16 unit apartment complex near downtown, Metro Sports Complex, Indpls Museum of Art & State Fairgrounds. Located on the "Red Line' with LOADS of potential and character, lots of natural light, arched doorways and good sized units. (8) 1 bedrooms and (8) 2 bedrooms with sq footage to reconfigure if desired. 13 are occupied with long term tenants and appliances. 3 are gutted and ready for reno to increase earning potential. Rubber roof only 4 years old! Some new windows, all units have electric furnaces (tenant paid) from 2007. Laundry in 2 units. Complex consists of 4 buildings, connected at corners by brick facade with a good sized grassy courtyard and decks out back with separate entries in the rear.
MLS/BLC #21750254 is a 0-bedroom, 0-bath property located at 420 E 38th, Indianapolis, IN 46205, in Marion County. This Residential/Condo was built in 1927 and offers 0 square feet of total space. The current listing status of 420 E 38th Indianapolis IN is "For Sale
" 420 E 38th Indianapolis IN is in the No Subdivision Subdivision
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420 E 38th, Indianapolis, IN 46205 Property displayed on MSWOODS.COM and listed by Trout Realty Co, LLC. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved.
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