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Details
This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 11 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 3 beds plus 2 baths - & -2 units with one bedroom and 1 bath. One unit has 2 bedrooms and 2 bathrooms with a private covered Lanai. 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 $10,000mo. Frame it back out to 11 units and the gross rents would be minimum $13,500mo.PROPERTY FEATURES
Architectural Style : Contemporary
Property Attached
Cooling: Wall Unit(s)
Heating : Electric
Construction Materials: Brick
Foundation Details: Slab
Levels : Two
PROPERTY DETAILS
Street Address: 7020 Twin Oaks Drive
City: Indianapolis
State: Indiana
Postal Code: 46226
County: Marion
MLS Number: 21980000
Year Built: 1968
Courtesy of United Real Estate Indpls
City: Indianapolis
State: Indiana
Postal Code: 46226
County: Marion
MLS Number: 21980000
Year Built: 1968
Courtesy of United Real Estate Indpls
Courtesy of United Real Estate Indpls
