• Property Type
  • Duplex, Residential Income
  • Sqft
  • Area Size
106 N Riley Avenue, Indianapolis, IN 46201
  • $104,000
  • $105,000

Description

Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities. Potential for a 3-5 bed, 2 bath SF conversion. Possible seller financing with as little as 10% down for owner occupants and 20% for non-owner occupants. Make sure to do your own due diligence prior to making an offer as this is an as-is sale and buyer needs to know what zoning would allow for a SF or MF use before making an offer.

  • Address: 106 N Riley Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on September 25, 2024 at 10:51 pm
  • Property ID 21962757
  • Price $104,000
  • Land Area 0.15 Acres
  • Garage Size x x
  • Year Built 1915
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • County Marion
  • Property Type Residential Income

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Contact Information

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Preeti Chaggar

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