$2,100,000
For Sale

610 W Poplar Street

Zionsville, IN 46077
10932 sqft | 0.93 acres | #22065458
Listing OfficeBeycome Brokerage Realty LLC
Browse 9 photos
Type:Purchase
Zone:Commercial

Description

Incredible value-add apartment building in the heart of Zionsville - a community known for its charm, top-ranked schools, and strong job and population growth. This well-located property features 16 one-bedroom and 4 two-bedroom units with 40% already renovated, leaving plenty of upside for the next owner.Current rents average just $800, with market potential of $1,250-$1,375 . Tenants pay their own electric and heat, making for low owner expenses. The property sits on a large lot with ample parking, and the building itself is low-maintenance and easy to manage.At just over $100k per door, this is an exceptional chance to acquire a rare downtown Zionsville multifamily property with strong fundamentals and even stronger future upside..

  • Property Details
      • High SchoolZionsville Community High School
      • School DistrictZionsville Community Schools
      • Utility FeaturesSee Remarks
      • Original List Price$2,100,000
      • Property SubtypeMixed Use
      • Property TypePurchase
      • MLS #22065458
      • MLS #22065458
      • Cost2100000
      • Square Feet10932
      • CountyBoone
      • Acres0.93

Location

Chad Everts | E-Rocks Real EstateReal Estate Group
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