55 W 36th, Indianapolis, IN 46208

Property Description

Looking for a property that pays you now and grows with you? This corner-lot fourplex sits just minutes from Indianapolis's fast-growing downtown and is already bringing in $4,000 a month, with 3 of 4 units rented. Inside, two roomy 3-bed, 1-bath units each come with a den, and two cozy 1-bed, 1-bath units round things out. The fourth unit (3 Bed) is move-in ready, so you can live there and let your tenants help cover the mortgage, or lease it out and start cashing in right away. Outside, you'll find a big yard, a garage and a bus line right out front. Here's where it gets exciting. D8 zoning opens the door to potentially going up to six units. The bottom two units can be converted, the attic has two bedrooms already framed with electrical run, and two separate exterior doors make adding units a breeze. The garage already has electrical, too, so it could become a separate unit of its own. Whether you're just starting your investing career or you're a seasoned investor ready to keep it fully leased or explore short-term rentals in Downtown Indy, this one checks the boxes.. Come see it before someone else does!