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2505 E 10th St
Anderson, IN 46012

$3,198,000 USD

Apartments For Sale  •  35,824 SF

Property Details

  • Property Type Apartments
  • Total Building Size 35,824 SF
  • Lot Size 2.32 AC
  • Building Class C
  • Year Built 1966
  • Zoning B-3
50 Walk Score

Highlights

2505 E 10th Street, also known as The Mint Apartments, a two-story, 36-unit apartment building, spans 35,824 square feet on a 2.32-acre parcel.
Located on the corner of East 10th Street and Lennox, The Mint Apartments are nestled in one of Anderson's finest residential neighborhoods.
Stable, hands-off investment opportunity to acquire a cash-flowing, 100% occupied MFR asset that underwent a full remodel four years ago.
Ownership’s recent CapEx injection went into brand-new flooring, kitchens, appliances, bathrooms, and bedrooms throughout each unit.
Anderson is about 35 miles northeast of Indianapolis along I-69, giving residents a genuine small-city feel with easy access to a major metro.
Less than 2 miles from Anderson University, a private university contributing to local renters' demand in the immediate area for students and staff.

Amenities

  • Air Conditioning
  • Balcony
  • Courtyard
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Patio
  • Vinyl Flooring

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 49
Type: Surface
Included in Rent: Yes
Art Drozd 628-227-6187 Arthur Drozd
Art Drozd 628-227-6187 Arthur Drozd