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About This Home
This 0-bedroom, 0-bathroom commercial at 5724 Julian Avenue in Indianapolis, IN is listed for $2,900,000 ($719 per sqft). Built in 1948, the home offers 4,032 sqft of living space on a 0.27 acres lot.
Unbeatable investment opportunity to own this 6-plex as a package with other Indy properties operating as 4.8-star and above airbnb and get their ratings. These mid-term furnished rentals (15 units in total)- 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townho
uses),1529 Kennington (2br/1ba SFH) and 5724 Julian each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms.
Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. All properties currently operate as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, these property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.
Key Features
- Built in 1948
- 0.27 acre lot
Property Details
Amenities
Monthly Cost Estimate
$15,510/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5724 Julian Avenue
Indianapolis, IN 46219
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5724 Julian Avenue is listed at $2,900,000 ($719/sqft). The estimated monthly payment is $12,567 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.27 acre lot. Exterior Features: Fencing.
This property is listed by Lisa Phillips and can be reached at 3172199277 or lisa.phillips@compass.com.
