Description
Welcome to 3036 East New York Street, an exceptional property in the heart of Indianapolis. Amazing opportunity to live in one unit and generate income with the other unit via airbnb, traveling nurses or long term tenants. Incredibly unique find in downtown. Significant updates include, installed roof solar panels, new/updated mechanicals as well as many cosmetic and structural improvements. Currently configured as a single family with an apartment/ in law quarters upstairs, this property offers two spacious units, each with its own private entrance, kitchens, baths and living areas. With a little creativity, the layout can be easily adapted to create a third unit, enhancing its rental income greatly. Perfect for a savvy owner to live in the main unit rent out the other unit to pay most of the mortgage on the property! Backyard is fenced in with areas currently used for chickens, ducks, garden etc. but can be easily converted back to a traditional yard space. Nestled in a desirable investment area in Indianapolis this property will continue to appreciate in value as more and more development continues. Conveniently located near Indys hottest neighborhoods - Mass Ave, Fountain Square, Woodruff, Irvington etc. Bike path on New York to downtown soon to be completed.
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5BEDS
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0.21ACRES
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2BATHS
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11/2 BATHS
Description
Welcome to 3036 East New York Street, an exceptional property in the heart of Indianapolis. Amazing opportunity to live in one unit and generate income with the other unit via airbnb, traveling nurses or long term tenants. Incredibly unique find in downtown. Significant updates include, installed roof solar panels, new/updated mechanicals as well as many cosmetic and structural improvements. Currently configured as a single family with an apartment/ in law quarters upstairs, this property offers two spacious units, each with its own private entrance, kitchens, baths and living areas. With a little creativity, the layout can be easily adapted to create a third unit, enhancing its rental income greatly. Perfect for a savvy owner to live in the main unit rent out the other unit to pay most of the mortgage on the property! Backyard is fenced in with areas currently used for chickens, ducks, garden etc. but can be easily converted back to a traditional yard space. Nestled in a desirable investment area in Indianapolis this property will continue to appreciate in value as more and more development continues. Conveniently located near Indys hottest neighborhoods - Mass Ave, Fountain Square, Woodruff, Irvington etc. Bike path on New York to downtown soon to be completed.
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