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Listed by Cynthia Shepherd McCurdy • Keller Williams Indy Metro NE
$ 625,000
Est. payment /mo
Active
6225 Washington BLVD Indianapolis, IN 46220
0.28 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Warfleigh
MLS Listing ID 21995989
Year Built 1939
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex
Property Description
Great opportunity to acquire a duplex in Broad Ripple, a top desired location for young professionals moving to Indy. Both units have been completely renovated, with beautiful quarts counter tops, new shaker cabinets, new high end appliances and each their own gas FIREPLACE. Bathrooms are brand new, new electrical wiring, new plumbing, and new flooring. One unit has Closet Concepts done in both bedrooms. Each unit is 2 bdrm, 2 ba, with kitchen/family room and basement with their OWN w/washer & Dryer. There is a 2 car garage, that is rented to one of the tenants for $300 monthly. Current rental for the 2 units is $4350 mo (because it is rented to family friends), but easily verify market rent of $2500 or more per UNIT/mo. The units have a strong rental history and low vacancy rates. Both units are rented until April 30, 2025. Proximity to the IndyGo Red Line strengthens the desire for renters. Home was considered in a flood zone when seller bought, but now believe the flood zone has been lifted. The last two owners chose not to have flood insurance. It is up to buyer to confirm if insurance is needed. This home is being sold as one unit (although two separate units). Because units are rented, 48 hrs notice is required for showing. Don't miss this rare opportunity!
Location
State IN
County Marion
Interior
Cooling Central Electric
Fireplace N
Building
Story Two
Foundation Block, Crawl Space
Architectural Style TraditonalAmerican
Structure Type Aluminum Siding,Brick
New Construction false
Schools
School District Indianapolis Public Schools
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