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About This Home

This 0-bedroom, 0-bathroom multi-family at 7315 S Meridian Street in Indianapolis, IN is listed for $825,000. Built in 1997, on a 0.65 acres lot.

Agent Description

One of kind, solid brick duplex with 3 Br / 2 Ba / 2 car garage per side. Live in one side, rent out the other, perfect for multigenerational living arrangements, or buy as an investment. Better yet, operate a licensed childcare biz for up to 32 children 24/7.

Current owner has successfully run a childcare business out of this location for many years. Due to the existing configuration, licensing history and revenue generating potential, the owner believes childcare operation presents the highest and best use.

Property has been updated to meet Indiana's Class II childcare licensing requirements. These improvements help create a facility capable of supporting larger enrollment capacities. Both sides have open floor plans and stunning sunrooms with loads of natural light.

Vaulted ceilings, some bathrooms updated, hardwood floors, numerous lights have been updated, freshly painted and so much more. You haven't seen a duplex quite like this one. The owner is open to leaving the existing childcare furnishings, equipment, educational materials, playground equipment, security and camera systems, and other daycare inventory.

The inventory is substantial enough to support successful operation on both sides of the property, creating a rare turnkey opportunity for the right buyer. Whether you are an experienced childcare provider, an entrepreneur seeking a unique business opportunity, an investor looking for multiple income streams, or a family seeking a flexible multigenerational living arrangement, this property presents possibilities rarely found in today's market.

Key Features

  • Built in 1997
  • 0.65 acre lot

Property Details

1997

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

7315 S Meridian Street

Indianapolis, IN 46217

Lancastershire

Features & Amenities

Exterior Features

Corner LotFencing

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 7315 S Meridian Street is listed at $825,000. The estimated monthly payment is $3,575 based on 20% down at 6.5% interest.

Key features include: Built in 1997, 0.65 acre lot. Exterior Features: Corner Lot, Fencing.

This property is listed by Derek Gutting and can be reached at 3176796767 or derek@guttinggroup.com.

DG

Derek Gutting

Agent at Keller Williams Indpls Metro N

(317) 679-6767

Listed by Keller Williams Indpls Metro N · View on Broker Site

MLS# 22088548· Source: listhub· Updated 86 days ago

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7315 S Meridian Street, Indianapolis, IN 46217

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