2808 N Capitol Avenue, IN 46208

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List Price
$400,000
Status
ACTIVE
Days on Market
2
MLS#
22126251
Subtype
Residential Income
Year Built
1900
Acres
0.21
Subdivision
Burton & Campbells Park Place Add
MLS Area Major
Center

Property Description

FOURPLEX - All four units are 2 bed / 1 bath, with a mix of long-term and short-term income. Less than a mile from IU Health's new hospital opening in 2027, this is a great opportunity: value + transition from LTR to STR. Currently, units 1, 2, and 3 are leased long-term while unit 4 runs as a furnished successful rental! Tenants pay their own electric and gas, which are separately metered for each unit. Water and sewer are on one meter with bill back. Operating statements and pro forma available upon request.

Additional Information

Taxes
$4,938
Financing
Exchange - 1031, Conventional, FHA, VA
Air Conditioning
Central Air, Separate Meters
Stories
Two
Garage Spaces
2

Listing courtesy of Kristin Glassburn. @properties

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.