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