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$282,500

1101 S East Street Indianapolis, IN  46225

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Property Description
This is the perfect investment property, with a cap rate of 5.31%, and a great tenant. This is your next passive income source! The tenant is responsible for all expenses other than property taxes. This is an Amazing location with great drive-by traffic and easy access to everything in downtown Indianapolis, Bates-Hendricks, and Fountain Square neighborhoods. This has been a successful auto dealer for years. This was also the location of the original Hooks Drugs Store in 1900 (city will be recognizing the location with a plaque). The building features a one car garage and office space with bathroom. The new tenant has a lease in place and can be provided after an accepted offer. Contact listing agent for showings.
Address:1101 S East Street Indianapolis IN 46225
Status:Active
on site: 39 days
Price:$282,500
Bathrooms:0
Year Built:1986
Lot Size:0.05
County: Marion
Township: Center SE
MLS #:21878037
Property Type:Office

Lot Dimensions:5918
Road Frontage:City Street
Road Access:Frontage Road, CityStreet
Road Surface:Asphalt
Zoning:C-5
Building Utilities:Electric, Sewer, Water
Directions:South on East Street from McCarty Street. 1101 S East Street is on the east side of the road.
Loan Price
$1,710
Price And Interest $1,474/month
Property Tax $118/month
MTG INS $0/month
HOME INS $118/month
Price
$282,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$118/month
Home Owner Insurance
$1,416 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$705
Tax Year:2021
Financial Disclosures:Not Applicable
Other Disclosures:None
Mandatory HOA Fee:$
Area: Center SE
Zip Code:46225
Adam Catron, REALTOR®/Broker, F. C. Tucker Company
Adam Catron
Phone (317) 366-9405
Additional Phone (317) 849-5050
F.C. Tucker Company
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Listing provided courtesy of Frederick Catron with F.C. Tucker Company

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.