8372 East US Highway 36
8372 East US Highway 36
$499,000
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Description
Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: - Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement - Size: 2,562 sqft - Remodeled in 2013 - Currently vacant and ready for owner occupancy or rental Unit 1B: - Layout: 1 bed, 1 bath - Size: 748 sqft - Updated in 2023...Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: - Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement - Size: 2,562 sqft - Remodeled in 2013 - Currently vacant and ready for owner occupancy or rental Unit 1B: - Layout: 1 bed, 1 bath - Size: 748 sqft - Updated in 2023 - Currently rented out at $825 per month - Lease expires in May of 2024 Additional Features: - Entire property zoned R-2 (residential or commercial) - 5,000 sqft asphalt parking lot - 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) - Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don't miss out on this chance to invest in a prime location with promising returns
- Listed by Jillian Stevens • CENTURY 21 Scheetz • jstevens@c21scheetz.com
Property Details for 8372 East US Highway 36
Subdivision Name
No Subdivision
TownshipWashington
WaterfrontNo
ZoningR-2 (Avon)
Location
LISTING UPDATED: 04/11/2024 06:10 PM
Property Details for 8372 East US Highway 36
Status | Active |
---|---|
MLS # | 21972501 |
Days on Market | 25 |
Taxes | $1,301 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1947 |
Lot Size | 0.90 AC / 39,204 SF |
County | Hendricks County |
Location
Building Information for 8372 East US Highway 36
Stories-Residences2Year Built1947Building Size-Lot Size0.90 AC / 39,204 SF
Payment Calculator
$2,940 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8372 East US Highway 36
Property History for 8372 East US Highway 36
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 8372 East US Highway 36
Taxable ValueLand$47,400Additions$256,700Total$304,100
Tax Record2023$6,812 ($568 / month)
Home Facts
Beds4Baths3Total Finished SqFt3,310 SqFtAbove Grade Finished SqFt3,310 SqFtStories2Lot Size39,204 SqFtStyleSingle Family ResidenceYear Built1947Year Renovated1970CountyHENDRICKSAPN32-10-01-390-008.000-031
Schools near 8372 East US Highway 36
This home is within Avon Community School Corp.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | PK to 4 | |||
Public - | 5 to 6 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
White Oak Elementary School PublicPK to 4 | ||
Maple Elementary School PublicPK to 4 | ||
Avon Intermediate School East Public5 to 6 | ||
Avon Middle School North Public6 to 8 |
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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