Old Northside 48-65+ Unit Special For Sale

  • $2,000,000

IronClad Group is pleased to offer you this Re-Development Opportunity in the highly sought after Historic Indy’s Old NorthSide and just south of Herron Morton.  There are currently 3 3 story buildings that have a total of 48 a units.  The site sits on 1.19 Acres and currently has plans that were approved back in 2016 to completely renovate the existing 3 buildings and allow for another 20+ units in a separate building to be built on the back side of the complex as shown in the pictures provided.  The property is approximately 2 blocks from IU Methodist Hospital.  Other awesome development in the area is the new 16th and tech Innovation Community near W 16th St and Indiana Ave.

 

***Note*** We do have architectural plans that were approved/stamped by the City back in 2016 for redevelopment and additional 20 Units.

 

Price:
$2,000,000
Address:
21 W. 16th St
Indianapolis, IN 46202
Lot Size:
1.19 AC
Terms:
For Sale
Property Type:
Apartment

Call 317-550-1643 for more details

Property Location