IN > Indianapolis
Indianapolis, IN 46226,7020 Twin Oaks DR
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Indianapolis, IN 46226,7020 Twin Oaks DR
Indianapolis, IN 46226,7020 Twin Oaks DR
Indianapolis, IN 46226,7020 Twin Oaks DR
Indianapolis, IN 46226,7020 Twin Oaks DR
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Randy Worrell

Randy Worrell

+1(317) 590-5709
Listed by Cathy O'Banion • United Real Estate Indpls
$ 250,000
Est. payment /mo
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Pending

7020 Twin Oaks DR Indianapolis, IN 46226

6,794 SqFt

UPDATED:

11/01/2024 12:10 AM

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 6,794 sqft

Price per Sqft $36

MLS Listing ID 21980000

Year Built 1968

Tax Year 2023

Lot Size 0.600 Acres

Acres 0.6

Property Description

This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 11 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 3 beds plus 2 baths - & -2 units with one bedroom and 1 bath. One unit has 2 bedrooms and 2 bathrooms with a private covered Lanai. There is ample parking for up to 12 units. Both ends of the building are/could be ADA compliant. The apartment complex adjacent to to the East - Kingston Square advertises 1/1's at $979+ per month. 2/1.5's at $1499 per month. With the current 7 units finished out the gross rents could be north of $10,000mo. Frame it back out to 11 units and the gross rents would be minimum $13,500mo.

Location

State IN

County Marion

Zoning commercial

Interior

Heating Electric

Cooling Wall Unit(s)

Fireplace N

Exterior

Utilities Available Electricity Connected

Waterfront false

View Y/N true

View Neighborhood

Roof Type Shingle

Parking Type Common

Building

Story 2

Foundation Slab

Architectural Style Contemporary

Structure Type Brick

New Construction false

Schools

Elementary Schools Arlington Woods School 99

Middle Schools Arlington Community Middle School

High Schools Arsenal Technical High School

School District Indianapolis Public Schools

MIBOR MLS
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Randy Worrell

Broker

+1(317) 590-5709

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7020 Twin Oaks DR