2531 East 10th Street
2531 East 10th Street
$499,999
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Pending
Description
Unlock the ultimate investment opportunity with this updated 4-unit property, strategically located just minutes away from downtown Indy. Offering the perfect scenario for savvy buyers interested in house hacking or exploring Airbnb hosting, this property combines prime location with income-generating potential. Live comfortably in one unit while virtually eliminating your housing expenses by renting out the remaining three units. Unit A is currently occupied at $1,200 per month, Unit B commands...Unlock the ultimate investment opportunity with this updated 4-unit property, strategically located just minutes away from downtown Indy. Offering the perfect scenario for savvy buyers interested in house hacking or exploring Airbnb hosting, this property combines prime location with income-generating potential. Live comfortably in one unit while virtually eliminating your housing expenses by renting out the remaining three units. Unit A is currently occupied at $1,200 per month, Unit B commands $1,100 per month in rent, while Unit C, currently vacant, is being marketed at $1,200 per month, with multiple applicants eagerly awaiting approval. Similarly, Unit D, also vacant, is being marketed at $800 per month, with several prospective tenants vying for occupancy. With current market rents on the rise, seize the opportunity to generate substantial monthly income while simultaneously building equity in a sought-after neighborhood. Each unit has been meticulously updated, ensuring hassle-free living for tenants and effortless management for landlords. Delve into the attached list outlining the recent enhancements and comprehensive details on each unit, showcasing the value and investment potential this property holds. With a proven track record as a solid rental property, this is a rare opportunity to embrace the concept of house hacking or capitalize on the lucrative Airbnb market. Don't miss out on this chance to turn your homeownership dreams into reality while paving the way to financial independence.
Property Details for 2531 East 10th Street
Subdivision Name
S M Houstons Sub May Wasson & Cos Highland Park
TownshipCenter
Location
LISTING UPDATED: 05/12/2024 10:18 AM
Property Details for 2531 East 10th Street
Status | Pending |
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MLS # | 21978541 |
Days on Market | 3 |
Taxes | $1,506 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1910 |
Lot Size | 0.14 AC / 6,098 SF |
County | Marion County |
Location
Building Information for 2531 East 10th Street
Stories-Residences4Year Built1910Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$2,980 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2531 East 10th Street
Property History for 2531 East 10th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2531 East 10th Street
Taxable ValueLand$4,100Additions$158,300Total$162,400
Tax Record2023$3,852 ($321 / month)
Home Facts
Total Finished SqFt3,992 SqFtAbove Grade Finished SqFt3,992 SqFtStories2Lot Size5,945 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1960CountyMARIONAPN49-10-05-109-012.000-101
Schools near 2531 East 10th Street
This home is within Indianapolis Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Thomas D. Gregg School 15 PublicPK to 6 | ||
Arlington Community Middle School Public7 to 8 | ||
George Washington Community High School (9-12) Public9 to 12 | ||
Arsenal Technical High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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