Active

8372 E Us Highway 36

Avon IN, 46123

$499,000


Active

Multi-family

Built in 1947

Courtesy of CENTURY 21 Scheetz, Jillian Stevens Listing Contact: [email protected] 

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

21972501

MLS ID

April 5, 2024

Listed

April 12, 2024

Updated

Map

8372 E Us Highway 36
Avon IN, 46123

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Electric


Heating

No

Exterior/Building Features

Lot Size

0.9 Acres


Exterior Features

Out Building With Utilities


Lot Features

City Lot, Not In Subdivision, Street Lights

School Information

School District

Avon Community School Corp


High School

Avon High School


Elementary School

Maple Elementary School

Other Property Details

Area Name

3204 - Hendricks - Washington


Days on Market

7


Garage

Yes


Garage Spaces

4


Parking

Detached


View

No


County

Hendricks


Municipality

Washington


Pool

No


Zoning

R-2 (Avon)


Buyer Agency Compensation

3%

Courtesy of CENTURY 21 Scheetz, Jillian Stevens,
Listing Contact: [email protected] 

IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on the information submitted to the Broker Listing Cooperative listing service as of 4/12/2024, 1:11 AM UTC. All information believed to be reliable but not guaranteed and should be independently verified. Supplied Open House Information is subject to change without notice. All properties are subject to prior sale, change, or withdrawal. Properties may or may not be listed by the office/agent presenting the information. Neither listing broker(s), nor Metropolitan Indianapolis Board of REALTORS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. 

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Data last updated 1:11 AM UTC, 4/12/2024

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