4055 E Main ST, Avon, IN 46123 – 21985321 - Audri McGrane

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Listed by Jacqueline Huser- Trout • First Focus Realty LLC

$1,675,000

Est. payment - /mo

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3,381 SqFt

Pending

4055 E Main ST Avon, IN 46123

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Audri McGrane

audri@cbstiles.com +1(317) 509-9729

UPDATED:

10/23/2024 01:21 PM

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 3,381 sqft

Price per Sqft $495

MLS Listing ID 21985321

Year Built 1957

Tax Year 2023

Lot Size 5.360 Acres

Acres 5.36

Property Description

Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels, 2 existing buildings and ground totaling 5.3 acres. Avon school district, existing units bringing around $800/mo currently all 2 bedroom 1 bath units, gas and electric metered separately, owner pays water.

Location

State IN

County Hendricks

Zoning Residential

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Gas, Sep Electric Meter, Sep Gas Meter, Septic System, Water Connected

Waterfront false

Building

Story One

Foundation Block

New Construction false

Schools

High Schools Avon High School

School District Avon Community School Corp

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Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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Audri McGrane

4055 E Main ST Avon, IN 46123

Audri McGrane

Key Details

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4055 E Main ST