3,381 sqft

$1,200,000

4055 E Main Street, Avon IN, 46123

Price per sqft$354.92

Built in1957

Property size3,381 sqft

Property typeCommercial

Courtesy of First Focus Realty LLC, Jacqueline Huser- Trout Listing Contact:

Overview

Sold

Listed Jun 14, 2024

Updated Jun 10

Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels, 2 existing buildings and ground totaling 5.3 acres. Avon school district, existing units bringing around $800/mo currently all 2 bedroom 1 bath units, gas and electric metered separately, owner pays water.

Additional information

MLS^® ID: 21985321

Interior Features

Basement: No

Exterior Features

Lot Size: 4.77 Acres

Other Property Details

Municipality: Washington

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