Description
Situated in an Opportunity Zone this property offers investors the chance to maximize returns post redevelopment with tax incentives. Multifamily, retail, or office redevelopment all permitted. Area surrounding the property is quicky changing and on a clear upward trajectory, large appreciation potential post development. Easy access and close proximity to public transportation traveling to downtown and other surrounding areas of Indianapolis. Just moments from Downtown Indianapolis and surrounded by numerous employers, this location is in high rental demand. Flexible MU-2 zoning classification allows for an investor to be creative in finding the highest and best use for the property.
Address
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Address: 2425 E Michigan Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
Details
Updated on March 6, 2024 at 1:39 pm-
Property ID 21954963
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Price $119,000
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Land Area 0.23 Acres
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Garage Size x x
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Year Built 1920
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Property Type Fourplex, Residential Income
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Property Status Closed
Additional details
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County Marion
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Property Type Residential Income
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