MULTI –TENANT INCOME PROPERTY FOR SALE

 1630 WOODLAWN AVE
INDIANAPOLIS, INDIANA 46203

SIZE: LIVING SPACE 1704 SF

           BASEMENT/LAUNDRY 426 SF

          TOTAL 2230 SF

DESCRIPTION:           THREE STORY HOUSE IN THE FOUNTAIN SQUARE DISTRICT, WITH 7 UNITS, EACH UNIT HAS KT, FULL BATH, 1BDR AND LR. HARDWOOD FLOORS.  6 OF 7 UNITS READY TO MOVE IN.  GREAT OPPORTUNITY TO CONVERT INTO 4 LARGER APARTMENTS.  NEW ROOF AND UPDATED ELECTRICAL WIRING, REAR PARKING FOR TENANTS. WASHER/ DRYER CONNECTION IN THE BASEMENT. INCOME GENERATING PROPERTY.

BUILDING SIZE(S):                        THREE LEVELS: MAIN, UPPER, BASEMENT

ACREAGE:                                        .25

CITY:                                                  INDIANAPOLIS

COUNTY:                                         MARION

POPULATION OF COUNTY:        2009- 890,879

DATE OF CONSTRUCTION:       CIRCA 1890 

CONSTRUCTION TYPE:              BRICK AND WOOD FRAME ON BASEMENT, VINLY SIDING

CEILING HEIGHT:                        HEIGHT   10’

LIGHTING:                                      TYPICAL DWELLING LIGHTING

UTILITIES:

WATER:                               MUNICIPAL

SEWER:                                CITY

ELECTRIC:                         IPL

HEAT:                                               GAS

AIR CONDITIONING:                   WINDOW

RENT:                                               $500 @MONTH PER UNIT

                                                            2 UNITS OCCUPIED!

PARKING:                                        REAR OF HOUSE- 6 SPACES

ZONING:                                           D-5

TAXES:                                             SEMI-ANNUAL $297.30

TRANSPORTATION:                    EASY ACCESS TO I-65