3711 Boulevard Place, Indianapolis, IN 46208

$215,000

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List Price
$215,000
MLS#
22125713
Days on Market
0
Status
ACTIVE

Property Description

Discover an exceptional investment opportunity at 3711 Boulevard Pl, ideally situated just minutes from Newfields, The Children's Museum of Indianapolis, and major transit routes for effortless commuting across the city. This turnkey property underwent a comprehensive renovation in 2025 - a new roof, AC units, updated kitchens, and all new bathrooms. The building currently generates an impressive $2,300 per month, backed by two reliable tenants already in place. At current pricing this well exceeds the 1% rule. Both tenants are fully aware of the sale and can easily vacate at closing with sufficient notice, providing ultimate flexibility whether you are looking to expand your portfolio with an immediate income-producing asset or transition the space for your own use. Tenants pay their own gas and electric, landlord pays for water as it is on a single meter. Do not miss out on this high-performing, beautifully updated property in a thriving location. Schedule your showing today!

Additional Information

Expenses
332
Tenant Pays
Cable TV, Electricity, Gas
Owner Pays
Lawncare, Sewer, Water
Basement
Partial, Unfinished
Foundation
Block
Stories
One
Acres
0.11
Heat
Natural Gas
Cooling
Central Air
Region
Center

Listing courtesy of Alexander Moore from FULL CANOPY REAL ESTATE, LLC

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