46 N Ritter Ave, Indianapolis, IN 46219

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Building Details:

FULLY LEASED FOURPLEX WITH CHARACTER IN HISTORIC IRVINGTON PRICED AT 10% CAP AND CASH ON CASH RETURN OF 21.2%. RECENTLY RENOVATED INTERIOR UNITS SITUATED ON DOUBLE LOT. CLOSE TO IRVINGTON BUSINESS DISTRICT WITH WALGREENS, STARBUCKS AND RETAIL. DESIRABLE AREA FOR RENTERS. 1 BLOCK TO BUSLINE. OFF-STREET PARKING. 3 BLOCKS TO ELLENBERGER PARK. TENANTS PAY ALL UTILITIES. SEPARATE WATER METERES FOR EACH UNIT (IN ADDITION TO GAS AND ELECTRIC). SUPER EASY RENT COLLECTION AS TENANTS DEPOSIT RENT AT BANK--NO CHECKS TO COLLECT OR DEPOSIT.