1701 Woodlawn AVE Active

Indianapolis,IN 46203

$ 400000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Morris & Mills

MLS Listing ID 22001556

Year Built 1955

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Welcome to this meticulously maintained duplex in the dynamic neighborhood of Fountain Square, just a stone's throw from Downtown Indianapolis. Presenting a remarkable opportunity for both savvy investors and those looking to dip their toes into the real estate market while offsetting living expenses. This property has been successfully utilized as both a short-term and mid-term rental, demonstrating a robust history of consistent revenue generation. With its dual-unit configuration, investors can continue to leverage its income-producing potential across different rental markets, enhancing both flexibility and financial returns. It's an deal live-in investment for those considering an owner-occupant approach, this duplex offers an optimal solution. Reside in one unit and rent out the other to help cover mortgage costs, effectively reducing living expenses while building equity in a thriving market. Key Features Include: Contemporary kitchens in each unit, complete with all the modern conveniences needed for a turnkey operation. Generously sized living spaces designed to ensure comfort and appeal in the rental market. Strategic separation between units to ensure privacy and tenant satisfaction. This property is located perfectly for growth and convenience situated minutes from downtown, tenants or homeowners can enjoy easy access to Indianapolis's top attractions, culinary hotspots, and retail options. Fountain Square itself is renowned for its vibrant arts scene and community-centric events, boosting the locale's desirability and rental appeal. Don't miss out on this dual-purpose property, ideal for those aiming to invest in a lively area with proven demand and growth potential. A perfect starter investment or a smart addition to your portfolio, ready to generate income from day one.

Location

State IN

County Marion

Interior

Fireplace N

Exterior

Garage Spaces 2.0

Parking Type Attached

Building

Story Two

New Construction false

Schools

School District Indianapolis Public Schools

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