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640 Woodruff Place Middle Drive

Indianapolis, IN 46201
  • $3,350,000
  • STATUS: Pending
  • ON SITE: 99 Days
  • MLS #: 21816278
Under Contract
UPDATED: 110 min ago
$3,350,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

Four unit 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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© 2022 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/122233224
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640 Woodruff Place Middle Drive Indianapolis, IN 46201

  • Price: $3,350,000
  • Status: Pending
  • On Site: 99 Days
  • Updated: 110 min ago
  • MLS #: 21816278
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1910
Built
Neighborhood:
Woodruff Place
County:
Marion
Area:
4912 - Marion - Center Ne
School District:
Indianapolis Public Schools
Property Description
Four unit 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 Multi-Level Construction Materials Vinyl With Brick Lot Information Access AlleyAccess StreetSidewalksStreet LightsTree Mature Lot Size 15682 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 Alarm Building Utilities Separate Electric MeterSeparate Gas MeterWaterCable ConnectedMunicipal Storm ConnectedMunicipal Sewer Connected Disclosure Other None Disclosures Not Applicable Dpr YN No Expenses 17313 Green Certification YN No Gross Operating Income 39798 Laundry Common Lot Number 77 New Construction YN No Number Of Units Total 4 Possession Close Of EscrowTenant's Rights Property Sub Type Residential Units - 1 To 4 Rooms Total 0 Semi Annual Property Tax Amt 2384 Solid Waste Yes Tax Exemption None Tax Year 2020 Tenant Pays ElectricityGasInsurance Township Center Ne Transaction Type Sale

Listing provided courtesy of F. C. Tucker Company. © 2022 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2022 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