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Sold

2142 W US 40

2142 W US 40, Greenfield, IN 46140

$1,300,000
Here's an amazing opportunity to invest in a fully leased 19 unit rental portfolio, situated on 4.19-acres! This complex is conveniently located just west of Greenfield, a mere 6 miles from Marion County. You'll find a variety of units including 5 doubles, 1 triple & 6 single-family homes. The current owner is fully involved, managing all maintenance & operations. As a result, the units are consistently occupied, and there's typically a waiting list for any vacancies. This property not only exudes a wonderful sense of nostalgia but also holds incredible potential for growth. With below-market rents, there is room for rental increases, allowing you to maximize your investment. from 2012 to 2017, all units have been remodeled. In Dec of 2023 all buildings also received new dimensional shingled roofs.

8,504 Sq.Ft. LIVING AREA

4.19 Acres lot

Cara Conde

Cara Conde

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area8,504 Sq.Ft.
  • Lot Area4.19 Acres
  • MLS® ID21944381
  • TypeCommercial
  • YEAR BUILT1942
  • School DistrictSouthern Hancock Co Com Sch Corp

Exterior

  • utilitiesCable Available, Electricity Connected, Septic System, Well
  • parkingAssigned

Financial

  • Sales Price$1,300,000
  • Zoning CN

Work With Cara

Cara holds esteemed certifications as a negotiation expert and a Luxury Home Marketing Specialist, showcasing her mastery in the art of deal-making and her profound understanding of the high-end property market. With a strategic approach, she harnesses the power of cutting-edge digital technology, employing an array of sophisticated tactics in real estate sales and marketing. This enables her to effectively showcase properties, engage potential buyers, and secure optimal outcomes in the dynamic real estate landscape.