3135 Boulevard Place, Indianapolis, IN 46208

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List Price
$375,000
MLS#
22118629
Days on Market
56
Status
ACTIVE

Property Description

New-construction duplex opportunity in Crown Hill on Indianapolis's near-north side, a few blocks west of Crown Hill Cemetery. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,718 per unit is supported by 2-bedroom comparables within 2 miles, many clustered along N Meridian St. Pro forma: $41,232 gross potential rent, $30,336 estimated NOI at 5% vacancy and 8% management. Located within the Indy Health District, near the Children's Museum, Newfields, and the Meridian Street corridor. Taxes and insurance are estimates; buyer to verify. This property is broker owned.

Additional Information

Expenses
8834
New Construction
Yes
Construction Stage
Permit on File, See Remarks
Est. Completion Date
10/26
Stories
Two
Architecture
Craftsman
Acres
0.12
Region
Center

Listing courtesy of Alec Neu. Neu Real Estate Group

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.