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+13176639192
Luxury Keys
2326 Winthrop Avenue, Indianapolis, IN 46205
- $119,000
- 2
- BD
- 1
- BA
- 1,014
- SqFt
- List Price
- $119,000
- Price Change
- ▼ $1,000 1791936498
- MLS#
- 22128232
- Property Type
- Residential
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft. of Residence
- 1,014
- Year Built
- 1940
- Days on Market
- 20
- Status
- ACTIVE
Property Description
Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential (SFR) units. Draft conceptual floor plans are attached to illustrate a potential layout for the two-unit configuration each with 2 BRs, washer/dryer hookup and off-street parking. The primary SFR has 1.5 baths and a porch. The 2nd unit is designed to be separately metered and totally electric to maximize the existing rooftop solar panels. This property offers a tremendous 'value-add' opportunity for an investor looking to sale/rent both SFRs and/or a homeowner looking to reside in 1 unit, and sell, rent or AirBNB the other. Offered AS-IS for just $120,000. The after-repaired value (ARV) as 2 separate SFR as drafted should excess $250k. Buyer due diligence is required to independently verify zoning, permitted use, ARV, etc.
Additional Information
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Ranch
- Acres
- 0.09
- Heat
- Gas, Solar
- Cooling
- Window Unit(s)
- Appliances
- Gas Oven, Refrigerator, Water Heater
- Semi-Annual Taxes
- $647
- Garage
- Yes
- Region
- Center
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Pamela Journey. E & L Son Enterprise, LLC
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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.