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About This Home

This 0-bedroom, 0-bathroom multi-family at 1701 Fletcher Avenue in Indianapolis, IN is listed for $334,900. Built in 1900, on a 0.09 acres lot.

Agent Description

Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential.

Each of the three units has been recently updated (2018-2019), making this a true turnkey investment. Whether you're looking to expand your portfolio or start fresh in real estate investing, the cash flow potential is here. With Fountain Square continuing to grow as one of the city's most desirable neighborhoods which should afford continued rent and value appreciation with an already 7% cap rate, which is excellent for a prime area.

Don't let this opportunity slip away-multi family in prime locations like this are few and far between!

Key Features

  • Built in 1900
  • 0.09 acre lot

Property Details

1900

Amenities

Basement

Monthly Cost Estimate

$1,791/mo

20% down · 6.5% · 30 years

Principal$242
Interest$1,451
Insurance$98

Estimates only. Actual payments may vary.

Location

1701 Fletcher Avenue

Indianapolis, IN 46203

Caven & Rockwood

Property Details

Heating

BaseboardForced Air

Cooling

Multi UnitsWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1701 Fletcher Avenue is listed at $334,900. The estimated monthly payment is $1,451 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.09 acre lot.

This property is listed by Bernard Goodman and can be reached at 3173408337 or Bernie.Goodman@compass.com.

BG

Bernard Goodman

Agent at Compass Indiana, LLC

(317) 340-8337

Listed by Compass Indiana, LLC · View on Broker Site

MLS# 22088919· Source: listhub· Updated 15 days ago

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1701 Fletcher Avenue, Indianapolis, IN 46203

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