3135 Boulevard Place, Indianapolis, IN 46208
$375,000 · 0 beds · 0.0 baths
Investors, House Hackers, First time buyers - live in one and collect rent on the 2nd unit. New-construction duplex opportunity in Crown Hill on Indianapolis's near-north side, a few blocks west of Crown Hill Cemetery. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,718 per unit is supported by 2-bedroom comparables within 2 miles, many clustered along N Meridian St. Pro forma: $41,232 gross potential rent, $30,336 estimated NOI at 5% vacancy and 8% management. Located within the Indy Health District, near the Children's Museum, Newfields, and the Meridian Street corridor. Taxes and insurance are estimates; buyer to verify. This property is broker owned.