740 E North Street

    Indianapolis, IN 46202
    • $4,000,000
    • STATUS: Active
    • ON SITE: 62 days
    • MLS #: 21640396
    UPDATED: 50 min ago
    $4,000,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    School District:

    Description

    Fantastic opportunity to own a premium building in Lockerbie Square at the heart of Indy's most established entertainment district. A luxuriously renovated mixed-use development with two commercial units and six residential condos, all fully furnished and income generating. One of a kind quality and charm, high-end customization throughout, private parking, rooftop decks, skyline views, all just steps from Mass Ave. Commercial leases and existing AirBnB operation are transferable.

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    © 2019 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 Star Team | RE/MAX Realty Group.
    www.thestarhometeam.com/homes/95012367

    740 E North Street Indianapolis, IN 46202

    • Price: $4,000,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 21640396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1925
    Built
    Neighborhood:
    Wards Sub
    County:
    Marion
    Area:
    4912 - Marion - Center Ne
    School District:
    Indianapolis Public Schools
    Property Description
    Fantastic opportunity to own a premium building in Lockerbie Square at the heart of Indy's most established entertainment district. A luxuriously renovated mixed-use development with two commercial units and six residential condos, all fully furnished and income generating. One of a kind quality and charm, high-end customization throughout, private parking, rooftop decks, skyline views, all just steps from Mass Ave. Commercial leases and existing AirBnB operation are transferable.
    Exterior Features

    Architectural Style Other Exterior Brick Exterior Amenities Driveway ConcreteFence Full Rear Foundation Basement-BlockBasement Poured Concrete Lot Information CornerCurbsSidewalksStreet LightsNot In Subdivision Lot Size 9309 Road Access Citystreet Road Frontage Citystreet Road Surface Asphalt Unit Parking 1 Car GarageGuest ParkingParking Lot

    Interior Features

    Basement Yes Baths Total 0.00 Building Information Security AlarmSmoke AlarmSecurity SystemSprinkler System Building Levels Four+ Laundry Connections All Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities Separate Electric MeterSeparate Gas MeterCable ConnectedGas ConnectedMunicipal Sewer ConnectedMunicipal Water Connected Contingency Act With No Contingency Conversion Yes Direct Soliciting No Disclosures Not Applicable Expenses 118156 Gross Operating Income 376085 Inspection Warranties Not Applicable Net Operating Income 257929 New Construction No Number Of Carports 0 Operating Expense InsuranceMaintenanceManagementPropTaxesUtilities Other Disclosures Sales Disclosure Not RequiredNot Applicable Possession Negotiable Possible Financing ConventionalInsuredconventionalOther Present Use Resident Property Attached YN No Property Sub Type 5+Units Commercial Semi Annual Property Tax Amount 18921 Tax Exemption None Tenant Pays Rent OnlyNoutil Township Center Ne Transaction Type Sale Unit Count 8

    Listing provided courtesy of Plat Collective. © 2019 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2019 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 Star Team | RE/MAX Realty Group.
     
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    Greenfield IN, 46140