40 N Lasalle Street, Indianapolis, IN 46201

Property Description

An existing tenant, a refreshed second unit and projected rental income above the 1% benchmark! This Near Eastside duplex offers two bedrooms and one bathroom per side. Unit 40 is currently rented, while Unit 42-the right side-is vacant with a prospective tenant being screened. Recent improvements to Unit 42 include paint, light fixtures and flooring, giving the space a fresh look for its next occupant. Interior photos feature Unit 42. Nearby IndyGo Route 8 stops at Washington and LaSalle add public transportation convenience, with Willard Park, Kan-Kan Cinema & Bar, and the dining and entertainment of nearby restaurants. At a $180,000 asking price, projected combined gross rent of approximately $2,150 per month exceeds the 1% benchmark before expenses. An opportunity to expand your rental portfolio with one tenancy in place and recent updates to the second unit.