Indianapolis, IN 46205,3408 Winthrop AVE
Indianapolis, IN 46205,3408 Winthrop AVE
Indianapolis, IN 46205,3408 Winthrop AVE
Indianapolis, IN 46205,3408 Winthrop AVE
Indianapolis, IN 46205,3408 Winthrop AVE
Indianapolis, IN 46205,3408 Winthrop AVE
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Listed by Morgan Thompson • JUST LIV, LLC

$365,000

$385,000

5.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9,583 Sqft Lot


SOLD DATE : 07/24/2024

Key Details

Sold Price $365,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Mapleton-Fall Creek

MLS Listing ID 21985563

Sold Date 07/24/24

Year Built 1955

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

Property Description

This is the inventory you've been looking for! Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood, this property features upgrades, including a new roof, new windows, and new LVP flooring throughout. Modernized appliances, HVAC systems, plumbing, and electrical work as well. The property features 3 kitchens, 4 total bathrooms, and 5 "bedrooms" catering to the needs of multiple uses. There is ample parking space for a large number of occupants as well. The main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer. Additionally, a versatile studio or guest/office space is located at the back of the property, complete with a private entrance, in-suite kitchen, and full bathroom, perfect for visitors, tenants, or a small business. The expansive upstairs area includes one bedroom, one bathroom, and a dedicated office/flex space. This property is not only a fantastic investment, but also a perfect solution for those looking to offset their mortgage with rental income. The property is on 3 separate electric meters and 1 water meter. The anticipated target rent is approx $1,800, $1,100, & $800 = $3,700. The property is fully vacant and being sold in AS IS condition.

Location

State IN

County Marion

Interior

Heating Forced Air

Cooling Central Electric

Fireplace N

Exterior

Roof Type Shingle

Building

Story Two

Foundation Block

Structure Type Stucco

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS
agent-avatar

+1(219) 613-3838

jennifer@soldwithjennifer.com

7512 Fawn Valley Dr, Schererville, IN, 46375, USA

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