What to know about this one.
Fantastic Investment Opportunity! Cash Flowing Duplex within the 1% rule. Located in close proximity to the bustling commercial district on Rural & 10th, this property offers convenience and a vibrant neighborhood atmosphere. Within mere steps, you'll find popular establishments such as Gomez BBQ, Rabble Coffee, and 10th Street Diner, providing an array of dining and entertainment options for tenants. Currently, the tenants are paying $900 per month on each side, offering a solid rental income stream. It's worth noting that the current rent is below the market rate, allowing room for potential rent increases in the future. Additionally, the tenants are on a month-to-month lease. Don't pass this opportunity up!
Property details
- Property type
- Duplex
- Year built
- 1925
- Lot size
- 0.13 ac
- County
- Marion
- MLS #
- MBR21928670
613 N Oxford Street
Indianapolis, IN 46201