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$785,700 (Sold)

816 Broadway Street Indianapolis, IN 46202

Property Description
Opportunity is knocking! Two buildings, one incredible location, and countless income generating options! These well-maintained, classic brick apartments radiate the charm that Chatham Arch is known for. Each unit includes hardwood floors, a functional floor plan, and the perfect outdoor space for enjoying the day's end. Walkability? It doesn't get much better! This location is ground zero for all things Downtown. Mass Ave bars, restaurants, and boutiques are right at your fingertips --- Bottleworks is only a stone's throw away! The perfect rental property? Perhaps. An awesome Air BnB setup? Absolutely! There is even potential for a conversion to five individual townhome residences. Whatever your ambitions, this package has the answer!
Address:816 Broadway Street Indianapolis IN 46202
Status:Sold
Sold On: 8/7/2020
Price:$825,000
Bathrooms:0
Year Built:1920
Lot Size:0.05
County: Marion
Township: Center NE
MLS #:21667339
Property Type:5+Units Commercial

Lot Dimensions:2,178
Lot Features:Access Street, Sidewalks
Building Utilities:Electric, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Directions:Heading north on College Avenue, turn left on Arch Street, turn right on Broadway -- buildings are on the west corner.
Sq. Ft. Source:Assessor
Loan Price
$5,121
Price And Interest $4,099/month
Property Tax $695/month
MTG INS $0/month
HOME INS $327/month
Price
$785,700
Down Payment %
0 %
Down Payment
$0
Property Taxes
$695/month
Home Owner Insurance
$3,924 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Michael Holl
Michael Holl

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$4,171
Tax Year:2018
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Area: 4912 - Marion - Center Ne
Subdivision: YOUNG SUB
Zip Code:46202
Exterior Type:Brick
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of Everhart Studio, Ltd..

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.