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+13176639192
Luxury Keys
36 W 56th Street, Indianapolis, IN 46208
- $699,900
- List Price
- $699,900
- Price Change
- ▼ $25,100 1789492105
- MLS#
- 22089775
- Days on Market
- 220
- Status
- ACTIVE
Property Description
Live for Less + Earn from Day 1... Absolutely enchanting opportunity - whether a house-hacker, pure investor, multi-generational household, or a portfolio buyer - this dreamy, English-Tudor duplex is a proven, steady, income-producing asset w/a 4.14% cap rate + $32,100 annual NOI (positioned below market rates + logically to increase at next lease renewal). An 11-year track record of 100% occupancy w/happy, long-term tenants + no work required, this is truly a "unicorn" property. Set on leafy 0.30acre parcel mere steps from every favorite haunt in the Butler-Tarkington retail district, including: Illinois Street Food Emporium, Tinker Coffee, Kincaid's Market, Byrne's Pizza, Starbucks, Safeway, Graeter's + so many other hot spots! Nestled deep on the lot, this handsome brick facade encases two mirror-image units loaded w/character. Both foyers feature wrought iron rails + hardwood floors that flow into the living + dining rooms. Both units feature their classic original fireplaces in both the living rooms + their respective lower level rec rooms! Both dining rooms open to private screen porches overlooking the rear yard. Both upper levels feature two spacious bedrooms + classic original bathrooms w/original tilework + fixtures. Lower level rec rooms open to unfinished utility rooms w/lavatories + laundry areas. The property features a detached two car garage (one per unit). Stability + income + opportunity all wrapped in picture-perfect packaging...
Additional Information
- Expenses
- 2660
- Tenant Pays
- All Utilities, Insurance
- Owner Pays
- Lawncare, Other
- Basement
- Full, Partially Finished
- Foundation
- Block
- Stories
- Two
- Architecture
- Tudor
- Exterior Amenities
- Storage Shed
- Acres
- 0.30
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Financing
- Conventional
- Region
- Washington
Listing courtesy of Jonathan Eriksen. CENTURY 21 Scheetz
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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.