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19-21 Hendricks Place, Indianapolis, IN 46201
sale
$425,000
|
Commercial-Other
Listed By CENTURY 21 Scheetz
Fantastic income generating property with amazing CASH FLOW: 7 studio/efficiency units. One side (#19) has 4 units & the other side (21) has 3 units. All units recently renovated & upfit for selling/renting. Potential to receive $7,600 total in rent each month. Each unit has kitchen, bedroom, closet & bath. Huge unused attic space with tons of potential (possibly 2 additional units). Parking in the back or on street. Owner pays all utilities (gas, water & electric). Zoned D8. Tenant's rights apply. Must have 48-hour advanced notice for showings. CAP rate 10.64%
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Property Features
- Basement: Unfinished
- Cooling: Wall Unit A/C
- Cross Docks: N
- For Auction: N
- Heating Type: Forced Air
- Lot Size In Text: 0.1 Acres
- MLSID: 22017073
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Roof: Asphalt Shingle Roof
- Roof: Composition Shingle
- Style: Other Style
- Sublease: N
- Tax Year: 2023
- Year Built: 1890
Directions to This Property
19-21 Hendricks Place, Indianapolis, IN 46201
Demographic Data for 19-21 Hendricks Place, Indianapolis, IN 46201
Average Age
36
Married
25%
Number of Homes
12,810
Homes with Children
23.94%
Occupation Type
Transportation to Work
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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