8372 E Us Highway 36 Avon, IN 46123
Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: – Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement – Size: 2, 562 sqft – Remodeled in 2013 – Currently vacant and ready for owner occupancy or rental Unit 1B: – Layout: 1 bed, 1 bath – Size: 748 sqft – Updated in 2023 – Currently rented out at $825 per month – Lease expires in May of 2024 Additional Features: – Entire property zoned R-2 (residential or commercial) – 5, 000 sqft asphalt parking lot – 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) – Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don't miss out on this chance to invest in a prime location with promising returns
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Listing first seen online |
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Based on information submitted to the MLS GRID as of 2024-04-29 09:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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