2331 N Pennsylvania Street

    Indianapolis, IN 46205
    • $300,000
    • STATUS: Pending
    • ON SITE: 256 days
    • MLS #: 21666773
    Under Contract
    UPDATED: 73 min ago
    $300,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    School District:

    Description

    Used as a Recovery Home for men. 16 units plus a 6 bed dorm for a total of 22 beds, shared common areas include bathrooms, laundry and kitchen. Included with sale, vending machines and coin operated laundry. Property is currently vacant, but Seller has Provider information to help quickly fill this property again if utilized for the same purpose or this property could be converted to a multifamily or owner occupant. Zoned D8 residential. Multifamily / Group Home allowed. Another property across the street 2336 N Pennsylvania Street MLS# 21666777 was also used as a Recovery Home and could be purchased as a package. See attached proforma.

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    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Evelo Team.
    www.searchindianapolisinhomes.com/homes/98890190

    2331 N Pennsylvania Street Indianapolis, IN 46205

    • Price: $300,000
    • Status: Pending
    • Updated: 73 min ago
    • MLS #: 21666773
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1910
    Built
    Neighborhood:
    Martindales Lincoln Park
    County:
    Marion
    Area:
    4912 - Marion - Center Ne
    School District:
    Indianapolis Public Schools
    Property Description
    Used as a Recovery Home for men. 16 units plus a 6 bed dorm for a total of 22 beds, shared common areas include bathrooms, laundry and kitchen. Included with sale, vending machines and coin operated laundry. Property is currently vacant, but Seller has Provider information to help quickly fill this property again if utilized for the same purpose or this property could be converted to a multifamily or owner occupant. Zoned D8 residential. Multifamily / Group Home allowed. Another property across the street 2336 N Pennsylvania Street MLS# 21666777 was also used as a Recovery Home and could be purchased as a package. See attached proforma.
    Exterior Features

    Architectural Style Traditonalamerican Exterior Wood Foundation Basement-Block Lot Information Curbs Lot Size 5532 Road Access Citystreet Road Frontage Citystreet Road Surface Asphalt Unit Parking On Street

    Interior Features

    Basement Yes Baths Total 0.00 Building Information Smoke Alarm Laundry Common Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities Municipal Sewer ConnectedMunicipal Water Connected Conversion Yes Direct Soliciting No Disclosures Not Applicable Expenses 0 Gross Operating Income 189134 Inspection Warranties Not Applicable Net Operating Income 126298 New Construction No Other Disclosures None Possession Atclosing Present Use Apt<20 Property Sub Type 5+Units Commercial Semi Annual Property Tax Amount 1784 Tax Exemption None Tenant Pays Rent Only Township Center Ne Transaction Type Sale Unit Count 1 Zoning D8

    Listing provided courtesy of F.C. Tucker Company. © 2020 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Evelo Team.
     
    The Evelo Team
    9865 E. 116th St. Suite 800
    Fishers IN, 46037