2455 Shelby St Indianapolis, IN 46203

This multi-family residence is a ready-to-move-in triplex located in the Garfield Park neighborhood. The main level features 3 bedrooms and 1 bathroom. Two of the bedrooms, the bathroom, the living/dining area, and the kitchen are all located on the main floor, while the third bedroom is situated in a loft area upstairs that is spacious enough to include a seating area with built-in wooden shelves. Original trim, doors, and doorknobs add to the house's character. This section of the property has primarily been owner-occupied but could be rented for $1,400-$1,600 as a long-term rental and potentially for much more as a mid-term or short-term rental. The large basement houses the laundry area and is plumbed for an additional bathroom. It also contains a substantial furnace capable of heating the entire structure. However, separate mini-split systems provide heat and air conditioning for the upstairs apartments. Units 2 and 3 have their own exterior entrances and separate locked access on the second floor. Unit 2 is a studio apartment with an eat-in kitchen, while Unit 3 features a living area, bedroom and a kitchen. Both units have been rented out as mid-term rentals to traveling medical personnel for $1,100 and $1,200 per month, respectively. There is also a huge attic space with a separate entrance that could be converted into a fourth apartment or used as a living/office space. The property includes a porch and a patio and the lot spans 5,009 square feet. Numerous upgrades make this property truly move-in ready and cash-flowing. This property presents a unique opportunity to embrace comfortable living. The entire property can be rented out, or one area can be occupied while renting out the other spaces as a short-term or mid-term rental.