4055 Main StAvon, IN 46123

Property Details for 4055 Main St

Year built

1957

Construction

TYPE NOT SPECIFIED

Lot size

4.77 AC

Property size (Sq ft)

3,381 SF

Property type

Residential income properties

Property subtype

Residential income homes

APN

32-10-08-100-005.000-022

APU

321008100005000022

Description

This exceptional investment opportunity presents a rare chance to acquire a fully occupied, eight-unit multi-family property situated on a substantial 5.36-acre lot in Avon, Indiana. The property consists of two parcels encompassing two existing buildings, each featuring four two-bedroom, one-bathroom units. Currently generating approximately $800 per month per unit, this property offers immediate income potential. All units are individually metered for gas and electricity

• CAP approach

  CAP return

  Valuation

  6%

  $517,156

  6.5%

  $477,375

  7%

  $443,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $451,107

  Geo Method

  $451,107

• Alternative Use

  Use

  Valuation

  Residential

  $477,375

  Hospitality

  $437,273

  Educational

  $363,806

  Medical

  $376,318

  Retail

  $565,921

Location Insight

City

Avon

County

Hendricks

State

Indiana

Latitude

39.761

Longitude

-86.4544

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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