8372 E US Highway 36 Avon, IN 46123
Listing Courtesy of: MIBOR / Century 21 Scheetz / Jillian Stevens - Contact:  jstevens@c21scheetz.com

  8372 E US Highway 36 Avon, IN 46123

Active (29 Days)
$499,000
3
BED
3
BATH

Description

Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: - Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement - Size: 2,562 sqft - Remodeled in 2013 - Currently vacant and ready for owner occupancy or rental Unit 1B: - Layout: 1 bed, 1 bath - Size: 748 sqft - Updated in 2023 - Currently rented out at $825 per month - Lease expires in May of 2024 Additional Features: - Entire property zoned R-2 (residential or commercial) - 5,000 sqft asphalt parking lot - 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) - Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don't miss out on this chance to invest in a prime location with promising returns

MLS #:
21972501
Taxes
$1,301(2023)
Lot Size
0.9 acres
Type
Multifamily
Year Built
1947
School District
Avon Community School Corp
County
Hendricks County
Community
Washington

Listed By

Jillian Stevens, Century 21 Scheetz, Contact: jstevens@c21scheetz.com
Source
MIBOR
Last checked May 3 2024 at 3:07 PM GMT+0000
Bathroom Details
Subdivision
  • No Subdivision
Heating and Cooling
  • Central Electric
Basement Information
  • Partial
School Information
  • Middle School: Avon Middle School North
  • High School: Avon High School
Additional Listing Info
  • Buyer Brokerage Commission: 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55