Center SE Homes with Unfinished Basement

Center SE Homes with Unfinished Basement

Welcome to Center SE, a charming neighborhood located in Marion County, Indiana. Known for its cozy atmosphere and friendly community, Center SE is the perfect place to call home.

One of the unique features of homes in Center SE is the option for unfinished basements. Whether you're looking to add your personal touch to a space or create a new area for entertainment, homes with unfinished basements provide endless opportunities for customization and creativity.

Living in Center SE means enjoying the best of both worlds - a peaceful residential area with easy access to the bustling city life. With convenient amenities, parks, and schools nearby, this neighborhood offers a comfortable and convenient lifestyle for residents of all ages.

If you're searching for a home in Center SE, you'll find a variety of options to suit your needs and preferences. From cozy bungalows to spacious family homes, there's something for everyone in this diverse and welcoming community.

Experience the warmth and charm of Center SE and discover why this neighborhood is a hidden gem in Marion County, Indiana. Find your perfect home with an unfinished basement and start creating the space of your dreams in this wonderful neighborhood.

Newest Center SE Homes with Unfinished Basement

$950,000
Presenting a rare opportunity for savvy real estate investors: a fully renovated 10-unit apartment building in the highly sought-after Garfield Park neighborhood of Indianapolis. This turnkey property is poised to deliver robust returns and strong cash flow, making it an ideal addition to any investment portfolio. The property consists of 10 units: 5 units with 2 bedrooms and 1 bathroom, 4 units with 1 bedroom and 1 bathroom, and 1 efficiency unit. Currently, two units are rented at $1300 (2br) and $800 (efficiency) per month, respectively, with the remaining eight units vacant and ready for immediate occupancy. With full occupancy, the estimated gross rents could reach $10k+ per month, significantly exceeding the 1% rule and underscoring the property's strong financial potential. Comprehensive renovations across all units ensure modern, attractive living spaces that appeal to quality tenants. Tenants are responsible for all utility costs, optimizing your net income. An expansive concrete parking pad at the rear of the building provides ample parking for tenants and the potential for additional income. Professional property management is already in place, offering a seamless transition and continued high-quality oversight. Positioned on a spacious corner lot directly across from the picturesque Garfield Park, this property offers a prime location that enhances tenant appeal and lifestyle. Additionally, it is just minutes from downtown Indy, providing easy access to dining, entertainment, and employment hubs. This property represents a strategic investment with substantial upside potential in one of the city's charming neighborhoods. With all units renovated and ready for tenants, investors can capitalize on the strong rental demand and achieve impressive returns. Don't miss out on this exceptional opportunity to secure a high-performing asset in a prime location. This turnkey investment is poised to deliver excellent returns and won't remain on the market for long!

2457 & 2461 S Shelby Street S, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®