Center SE Homes with Unfinished Basement

Center SE Homes with Unfinished Basement

Welcome to Center SE, a charming neighborhood located in Marion County, Indiana. Known for its vibrant community and convenient location, Center SE offers residents a perfect blend of urban amenities and suburban tranquility.

One of the unique features of homes in Center SE is the option for unfinished basements. These homes provide the perfect opportunity for customization and expansion, allowing homeowners to create their dream space with ease. Whether you're looking to add an extra bedroom, a home office, or a cozy entertainment area, homes with unfinished basements in Center SE offer endless possibilities for personalization.

In addition to the flexibility of unfinished basements, Center SE boasts a variety of housing options to suit every lifestyle. From historic bungalows to modern townhouses, there is something for everyone in this diverse and welcoming neighborhood.

With its close proximity to downtown Indianapolis and top-rated schools, Center SE is the ideal place to call home for families, young professionals, and retirees alike. Experience the best of Marion County living in Center SE, where the possibilities are endless and the sense of community is strong.

Newest Center SE Homes with Unfinished Basement

$865,000
INVESTOR ALERT!! MASSIVE PRICE REDUCTION!! Presenting a rare opportunity for savvy real estate investors: a renovated 10-unit apartment building in the highly sought-after Garfield Park neighborhood of Indianapolis with value add potential. This near-turnkey property is poised to deliver robust returns and strong cash flow once the final renovations are completed, making it an ideal addition to any investment portfolio. The property consists of 10 units: 5 units with 2 bedrooms and 1 bathroom, 4 units with 1 bedroom and 1 bathroom, and 1 efficiency unit. Currently, two units are rented at $1300 (2br) and $800 (efficiency) per month, respectively. With full occupancy, the estimated gross rents could reach $10k+ per month, significantly exceeding the 1% rule and underscoring the property's strong financial potential. Comprehensive renovations to the property ensure modern, attractive living spaces that appeal to quality tenants. Most of the heavy lifting has been done, but two units still need to be finished out and there are a few misc cosmetic repairs needed on the exterior. Easy work for instant equity! Tenants are responsible for all utility costs, optimizing your net income. An expansive concrete parking pad at the rear of the building provides dedicated parking for 4+ cars, creating the potential for additional income. Professional property management is already in place, offering a seamless transition and continued high-quality oversight. Positioned on a spacious corner lot directly across from the picturesque Garfield Park, this property offers a prime location that enhances tenant appeal and lifestyle. Additionally, it is just minutes from downtown Indy, providing easy access to dining, entertainment, and employment hubs. This property represents a strategic investment with substantial upside potential in one of the city's revitalizing neighborhoods. Don't miss out on this exceptional opportunity to secure a high-performing asset in a prime location!

2457 & 2461 S Shelby Street S, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

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