$449,000
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6101 Madison Avenue Indianapolis, IN 46227
Mixed Use
Residence
Beds
Baths
2,706
Sq. Ft.
0.47
Acre
Lot
Property Activity
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This unique investment opportunity has many options to suit the next owner for a great price. Perfect for an owner/investor to live in, rent out one side, both sides, or occupy completely. This property features a duplex with one side being a 2/2 partially renovated townhouse, 2 car heated garage w...ith ample storage space or can be converted for more living area, a serene fenced in brick patio perfect for relaxing and entertaining, and an upgraded kitchen with new appliances. There is room for expanding or adding upgrades to increase the value. The other side of the property is a fully renovated hair salon with 5 booths that can be rented weekly or monthly, 2 private rooms for an esthetician, nail tech, massage, eyelashes/ brow services, spray tans, break room, or an office. The salon also features a half bath, a laundry/stock area, waiting area, 5 car accommodating parking lot with the driveway being able to be used for more parking if needed. There is a tenant currently that may leave or stay with the sale. Owner is the real estate agent and motivated. Do not miss out on this fantastic income property!
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MLS#
22014258
Property Type
Mixed Use
Year Built
1948
Square Feet
2,706
sq. ft
Lot Size
0.47
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