7020 TWIN OAKS DR
INDIANAPOLIS, IN 46226
$350,000
0 Beds
0 Baths
6,794 Sq Ft
Status Pending
MLS# 21980000
This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 12 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 2 beds plus a small bonus room and 1.5 baths - & -3 units with one bedroom and 1 bath. One of the 1 bedrooms has a bonus room and covered patio. There is ample parking for up to 12 units. Both ends of the building are/could be ADA compliant. The apartment complex adjacent to to the East - Kingston Square advertises 1/1's at $979+ per month. 2/1.5's at $1499 per month. With the current 7 units finished out the gross rents could be north of $9,000mo. Frame it back out to 12 units and the gross rents would be minimum $12,000mo.
Details for 7020 TWIN OAKS DR
$52 / Sq Ft
0 parking spaces
Electric
27 Days on website
0.6 acres lot