7020 Twin Oaks Drive
7020 Twin Oaks Drive
$350,000
—
6,794
6,794
$52
Pending
Description
This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 12 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 2 beds plus a small bonus room and 1.5 baths - & -3 units with one bedroom and 1 bath. One of the 1 bedrooms has a bonus room and covered patio. There is ample parking for up to 12 units. Both ends of the building are/could be ADA compliant. The apartment complex adjacent to to the East - Kingston...This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 12 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 2 beds plus a small bonus room and 1.5 baths - & -3 units with one bedroom and 1 bath. One of the 1 bedrooms has a bonus room and covered patio. There is ample parking for up to 12 units. Both ends of the building are/could be ADA compliant. The apartment complex adjacent to to the East - Kingston Square advertises 1/1's at $979+ per month. 2/1.5's at $1499 per month. With the current 7 units finished out the gross rents could be north of $9,000mo. Frame it back out to 12 units and the gross rents would be minimum $12,000mo.
- Listed by Cathy O'Banion • United Real Estate Indpls • obanion.cathy@gmail.com
Property Details for 7020 Twin Oaks Drive
Architectural Style
Contemporary
TownshipWarren
WaterfrontNo
Zoningcommercial
Location
LISTING UPDATED: 05/30/2024 08:42 AM
Property Details for 7020 Twin Oaks Drive
Status | Pending |
---|---|
MLS # | 21980000 |
Days on Market | 14 |
Taxes | $1,837 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family 5+ |
Year Built | 1968 |
Lot Size | 0.60 AC / 26,136 SF |
County | Marion County |
Location
Building Information for 7020 Twin Oaks Drive
Stories2Residences7Year Built1968Building Size-Lot Size0.60 AC / 26,136 SF
Payment Calculator
$2,216 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 7020 Twin Oaks Drive
Property History for 7020 Twin Oaks Drive
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 7020 Twin Oaks Drive
Taxable ValueLand$36,300Additions$152,900Total$189,200
Tax Record2023$4,488 ($374 / month)
Home Facts
Total Finished SqFt6,794 SqFtAbove Grade Finished SqFt6,794 SqFtStories2Lot Size26,267 SqFtStyleMulti-Family Res (5+ Units)Year Built1968ZoningZO01CountyMARIONAPN49-07-24-123-004.000-701
Schools near 7020 Twin Oaks Drive
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 |
---|---|---|
George S. Buck School 94 PublicPK to 6 | ||
Arlington Community Middle School Public7 to 8 | ||
Arsenal Technical High School Public9 to 12 | ||
George Washington Community High School (9-12) 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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