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624 Woodruff Place Middle Drive

Indianapolis, IN 46201
  • $3,350,000
  • STATUS: Pending
  • ON SITE: 60 Days
  • MLS #: 21815677
Under Contract
UPDATED: 22 min ago
$3,350,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Nine unit residential multifamily investment property in popular Woodruff Place being sold as part of a portfolio, situated in both a Historic District and an Opportunity Zone, loaded with possibility, strategically located just one mile east of Downtown Indianapolis in a desirable, trendy, residential neighborhood with a park-like setting surrounded by large beautiful homes and mature landscaping. A hard to find investment close to employment and retail centers, (including Bottleworks and Mass Ave.); offering investors upside potential for long term investment growth, close, but not too close to the CBD. Hardwood floors and woodwork showcase the potential of this classic building. See Agent Remarks for portfolio specifics.

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© 2021 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.
www.mikepricerealestate.com/homes/122233219
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624 Woodruff Place Middle Drive Indianapolis, IN 46201

  • Price: $3,350,000
  • Status: Pending
  • On Site: 60 Days
  • Updated: 22 min ago
  • MLS #: 21815677
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1900
Built
Neighborhood:
Woodruff Place
County:
Marion
Area:
4912 - Marion - Center Ne
School District:
Indianapolis Public Schools
Property Description
Nine unit residential multifamily investment property in popular Woodruff Place being sold as part of a portfolio, situated in both a Historic District and an Opportunity Zone, loaded with possibility, strategically located just one mile east of Downtown Indianapolis in a desirable, trendy, residential neighborhood with a park-like setting surrounded by large beautiful homes and mature landscaping. A hard to find investment close to employment and retail centers, (including Bottleworks and Mass Ave.); offering investors upside potential for long term investment growth, close, but not too close to the CBD. Hardwood floors and woodwork showcase the potential of this classic building. See Agent Remarks for portfolio specifics.
Exterior Features

Architectural Style Other Construction Materials Wood Brick Levels TwoBasement Lot Information Access StreetCurbsSidewalksStreet LightsTree Mature Lot Size 13599 Structure Type Apartment Building Unit Parking On StreetUnpaved

Interior Features

Full Baths MU 0 Half Baths MU 0 Rooms MU 0 Rooms Total MU 0 Sq Ft Main Upper 0

Property Features

Acres 1/4-1/2 Acre Building Information Smoke AlarmNo Furniture Building Utilities ElectricSeparate Electric MeterSewerWaterCable ConnectedGas ConnectedMunicipal Storm ConnectedMunicipal Water Connected Disclosure Other Not Applicable Disclosures Not Applicable Expenses 21086 Green Certification YN No Gross Operating Income 72473 Laundry Common Lot Number 75 New Construction YN No Number Of Units Total 9 Possession Close Of EscrowTenant's Rights Property Sub Type Commercial Units - 5+ Rooms Total 0 Semi Annual Property Tax Amt 3330 Solid Waste Yes Tax Exemption None Tax Year 2020 Tenant Pays ElectricityInsurance Township Center Ne Transaction Type Sale

Listing provided courtesy of F.C. Tucker Company. © 2021 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2021 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.
 
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Plainfield IN, 46168