965 Woodruff Place Middle Drive

Indianapolis, Indiana 46201
Closed / MLS #21964699 / Multiple Unit (2-4) / Woodruff Place
Listing information updated 3/28/2024 at 5:46pm
Attention investors and future investors! Welcome to an enticing opportunity in the historic neighborhood of Woodruff Place. This property seamlessly blends historic charm with modern amenities, making it an irresistible option for those seeking both appreciation and rental income. Its prime location near downtown ensures strong rental demand from professionals, students, and urban dwellers, allowing tenants to enjoy a vibrant lifestyle with easy access to nightlife on Mass Ave, amazing restaurants, and major sporting events. Key Features: Three Units: This property is divided into three units, providing a diverse rental income stream. Unit One: Currently rented via Furnished Finder for $1400/month, this unit features 1 bedroom and 1 bathroom. Unit Two: Offering 1 bedroom and 1 bathroom, this unit commands $1070/month in rental income. Unit Three: With 3 bedrooms and 2 bathrooms, this unit, already occupied by a long-term tenant, generates $1525/month in rental income. Seize the opportunity to add this historic gem to your investment portfolio. With its strong rental demand, diverse income streams, and historical charm, this property promises both immediate returns and long-term appreciation. Investors have the option to reside in one unit while renting out the other two, effectively offsetting their living expenses with rental income. Imagine enjoying the historic charm and modern comforts of Woodruff Place while simultaneously building wealth through real estate investment. It's a unique opportunity to experience the best of both worlds - comfortable living and passive income generation. Seize the opportunity to add this historic gem to your investment portfolio. With its strong rental demand, diverse income streams, and historical charm, this property promises both immediate returns and long-term appreciation. Take the first step toward maximizing your real estate investment potential with this property!

Full Features

Basement:
Unfinished
Beds Above Grade:
5
Cooling System:
Central Electric
Heating System:
Dual, Forced Air
Pool:
No
Age:
114 Years
Roof Type:
Asphalt
Parking Spaces:
3
Water Front:
No
Square Feet:
N/A
Lot Size:
0.16 Acres
Acreage:
0.16

Taxes & Assessments

Tax Amount:
N/A
Tax Year:
2022

Location

Zip Code:
46201
City:
Indianapolis
County:
Marion

Schools

School District(s):
Indianapolis Public Schools
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: My Agent

Agent Contact Information: niabush26@gmail.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/28/2024 at 5:46pm. All data is obtained from various sources and may not have been verified by broker or 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.

Map of 965 Woodruff Place Middle Drive, Indianapolis, IN 46201

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965 Woodruff Place Middle Drive is a multiple unit (2-4) which sold for $450,000. 965 Woodruff Place Middle Drive features 5 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties IND since February 19th, 2024 and was built in 1910.