For Additional Information on the porperty's updates, renovation and rehab:Click Here
For a snapshot of the Julian Apartments Deposits and Rents can be found here:Click Here
A summary of the Rent and Expenses for this property is presented here:Click Here
A copy of the lease being used can be found here:Click Here
Renovation Notes:The roof is 6 years old. Most of the units have been rehabbed with costs around $3,500 to $6,000 each. Two (2) possibly have not been rehabbed. The building was just repainted along with the installation of new surveillance cameras. The shut-off valve for the building has been replaced. Those together were over $15k.
All new HVAC - Over $67K:The air handlers were replaced to comply with current code. Additionally, electrical work was done as advised by a licensed electrician at the time of the HVAC upgrades, in order to comply with current code requirements.
15 Unit Multi-Family Property
The Julian Apartments
6502 E Julian Ave
Indianapolis, IN 46219
This is great income generating opportunity. Take a look at this 15 Unit Multi-Family investment property, The Julian Apartments are located in the Historic town of Irvington, Indiana which offers convenient access to the City of Indianapolis.
Price:$749,000
All new HVAC
Updated plumbing to include property and individual unit shut off valves
