Come check out this amazing investment opportunity. The property location is 3192 E Main ST, Plainfield IN 46168, which is close to Indianapolis Airport, downtown Plainfield, Avon, Indianapolis and I465. The property is a 2 story house sitting on a 1.26-acre C1 commercial land. This property was totally updated back… Read More in April, which featured 1536 SF total main area, 3 beds, 1.5 baths, 2 car attached garage, 8+ extra parking space on the long driveway, 786 SF partial finished basement that makes it perfect for business use or mixed use (of course, you can live in it after the lease matures as your main residence). Highlight: the property is currently on a 2 year lease with a Senior Dog Center starting back in July 2024, as well as 2 2-year contract extension ending in 2030. The current monthly rent is $2250, with 5% increase for each extension. This means that the moment you become the owner of this property, you will start getting cash flow right away. For those who are looking to get long-term commercial value increase investment with instant cash flow, this is the one for you. If you need to have your own business built, then you can just tear it down and build this 1.26 acre into something you need, like apartment building, construction company, office space, warehouse, animal clinic, hair salon, you name it! Read Less
Courtesy of eXp Realty LLC.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
2,304
Lot Size
1.26 Acres
Year Built
1950
MLS Number
MBR22015145
30 Days Snapshot Of 46168
$374k
0%
(avg) sold price
3
-92%
homes sold
19
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Area: 1728, Architecture: "Craftsman", Building Area: 2304, Construction Materials: "Brick", Levels: "One and One Half", Year Built: 1950
