8372 E Us Highway 36 , Avon, IN 46123
- $499,000
- $499,000
- $499,000
- $499,000
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 – 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
Address
Open on Google Maps-
Address: 8372 E Us Highway 36
-
City: Avon
-
State/county: IN
-
Zip/Postal Code: 46123
-
Area: No Subdivision
Details
Updated on September 26, 2024 at 5:06 am-
Property ID 21972501
-
Price $499,000
-
Land Area 0.9 Acres
-
Garages 4
-
Garage Size x x
-
Year Built 1947
-
Property Type Duplex, Residential Income
-
Property Status Expired
Additional details
-
Cooling Central Electric
-
County Hendricks
-
Property Type Residential Income
-
Parking Detached
-
Elementary School Maple Elementary School
-
Middle School Avon Middle School North
-
High School Avon High School
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees