423 N Holmes Avenue, Indianapolis, IN 46222

Property Description

Completely renovated just three years ago, this triplex offers an excellent investment opportunity with major updates already completed, including new drywall in many areas, fresh interior and exterior paint, updated flooring throughout, newer plumbing and electrical fixtures, updated cabinetry, newer appliances, and beautifully renovated bathrooms featuring new ceramic tile finishes. Conveniently located near downtown Indianapolis and Eskenazi Hospital, the property offers strong rental demand and income potential with market rents estimated at $1,100 per month for Units A and B and $750 per month for Unit C. This property consists of 2 two bedroom units, and 1 one bedroom unit. The property is currently vacant, providing the opportunity for an owner-occupant or investor to lease the units at market rents from day one and maximize returns.