About This Home
This 0-bedroom, 0-bathroom commercial at 3651 N Denny Street in Indianapolis, IN is listed for $130,000. on a 0.17 acres lot.
Key Features
- 0.17 acre lot
Buy & Hold Investment Opportunity! Don't miss this excellent opportunity to add a cash-flowing investment property to your portfolio! This income-producing property has been successfully operated as a licensed child care facility since 2008 and is currently occupied by a long-term tenant who has been in place since 2019.
The current tenant is under lease through March 31, 2027, providing immediate, stable rental income. Tenant pays $600 biweekly ($15,600 annually) and is responsible for utilities, lawn care, routine maintenance, gutter cleaning, power washing as needed, and business operations.
The property offers an approximate 12% gross annual return based on the current asking price of $130,000 and current rental income. Whether you're looking to expand your investment portfolio or purchase a property with an established tenant already in place, this is a fantastic opportunity.
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3651 N Denny Street
Indianapolis, IN 46218
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 3651 N Denny Street is listed at $130,000. The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.17 acre lot.
This property is listed by Tumikia Gilbert and can be reached at (317) 564-7100.