$1,830,000
$1,950,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
858 N Madison AVE Greenwood, IN 46142
2.81 Acres Lot
Key Details
Sold Price $1,830,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21887041
Sold Date 12/15/22
Year Built 1950
Tax Year 2021
Lot Size 2.810 Acres
Acres 2.81
Property Sub-Type Multi-Family 5+
Property Description
Great investment opportunity in Greenwood IN with strong cash flow in place. There are 5 separate properties described as follows - #1 Five 2 bedroom 1 full bath duplexes. #2 An 8 unit multi-family building - each unit has 2 bedrooms and 1 full bath. #3 One 2 tenant retail building. #4 A single family home with 3 bedrooms and 2 full baths and a walk out basement. #5 A .35 acre vacant commercial lot. Zoning is RMC & CS. Only vacancy is one side of one of the duplexes and the single family home. Plenty of opportunity to build value through rent improvements. Ideally located within walking distance of restaurants and shopping.
Location
State IN
County Johnson
Zoning RMC/CS
Interior
Cooling Separate Meters
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Building
Story One
Foundation Slab
Architectural Style Ranch
Structure Type Brick,Vinyl Siding
New Construction false
Schools
School District Greenwood Community Sch Corp
Others
Acceptable Financing Conventional
Listing Terms Conventional
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