19-21 Hendricks Place
 Indianapolis, Indiana 
Indianapolis, Indiana
 Listed By CENTURY 21 Scheetz 
 The Commercial Property for Sale located at Indianapolis, Indiana is currently for sale.  Indianapolis, Indiana is listed for $425,000.  If the property located at Indianapolis, Indiana isn't what you're looking for, visit  https://www.century21global.com  to see other  Commercial Properties for Sale in Indianapolis  . 
 Date Updated : Jan 21, 2025
MLS#: 22017073
$425,000 USD
 The details 
 Property features 
 Construction details 
  •  Year built: 1890
  •  Roofing:  composition/shingle  Shingle-Asphalt 
 Other features 
  •  Cooling system:  Wall Unit 
  •  Heating system:  Forced Air 
 Description 
Fantastic income generating property with amazing CASH FLOW: 8 studio/efficiency units. One side (#19) has 5 units & the other side (21) has 3 units. All units recently renovated & upfit for selling/renting. Potential to receive $7,600 total in rent each month. Each unit has kitchen, bedroom, closet & bath. Huge unused attic space with tons of potential (possibly 2 additional units). Parking in the back or on street. Owner pays all utilities (gas, water & electric). Zoned D8. Tenant's rights apply. Must have 48-hour advanced notice for showings. CAP rate 10.64%
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 Location 
 Indianapolis, Indiana 
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