330 Hamilton Avenue, Indianapolis, IN 46201
$475,000 · 0 beds · 0.0 baths
Holy Cross Duplex on Indianapolis's near eastside, adjacent to the historic Woodruff Place. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,695 per unit is supported by 3-bedroom comparables within 2 miles, many clustered within a half mile. Pro forma: $40,680 gross potential rent, $28,654 estimated NOI at 5% vacancy and 8% management. Walkable to Washington St and English Ave shops and restaurants, about two miles from downtown. Taxes and insurance are estimates; buyer to verify. This property is broker owned.