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$400,000 (Sold)

1451 N Delaware Street Indianapolis, IN 46202

Property Description
Welcome to the crown jewel of any Indianapolis rental portfolio! This 4-plex on the old north-side brings in 3,700/month as-is. With smart updates, however, this building has the potential to produce 4,500-5,000/month! With a three-car garage and parking pad, walkability to downtown and Mass Ave, central air throughout (minus smaller 2nd floor unit), and tons of historic charm...your tenants will never want to leave! The first floor is dedicated to a 2,500+ sq ft, absolutely breathtaking owner's suite. Inexpensive cosmetic updates will bring the other units up to top-rent producing condition, and then you just sit back and cash flow!
Address:1451 N Delaware Street Indianapolis IN 46202
Status:Sold
Sold On: 9/3/2019
Price:$425,000
Bathrooms:0
Year Built:1900
Lot Size:0.18
County: Marion
Township: Center NE
MLS #:21657852
Property Type:1-4 Units Residential

Lot Dimensions:195x41
Road Frontage:CityStreet
Road Surface:Asphalt
Lot Features:Access Alley, Sidewalks, Street Lights, Not In Subdivision, Tree Mature
Zoning:multi family
Building Utilities:Electric, Water, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Directions:Meridian to 10th St. East on 10th to Delaware. North on Delaware to home.
Sq. Ft. Source:Assessor
Basement:Yes
Loan Price
$2,592
Price And Interest $2,087/month
Property Tax $338/month
MTG INS $0/month
HOME INS $167/month
Price
$400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$338/month
Home Owner Insurance
$2,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Ryan Schulte
Ryan Schulte

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$2,026
Tax Year:2016
Financial Disclosures:Not Applicable
Other Disclosures:Pre-Forclosure
Area: 4912 - Marion - Center Ne
Subdivision: TALBOTTS
Zip Code:46202
Exterior Features:Fence Full Rear, Water Feature Fountain
Exterior Type:Wood
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Active
1451 North DelawareStreet Indianapolis, IN 46202

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Get more information

Listing provided courtesy of Keller Williams Indy Metro NE.

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, Inc. 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.