🏠🌳 Great BRRR Property located Southeast of Indianapolis in desirable Garfield Park Area | More Photos Inside πŸ‘‰πŸ‘

Marion County, Indianapolis, IN, 46203
Sold
Listed at: January 10th, 2024
Price
$116,250
ARV
$175,000
Gross Margin
$58,750
Sq. Footage
1064
Type
Single-Family
Parking
Unassigned
Year build
1930
Lot size
0.11 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Unlock the full potential of real estate investment with 1728 E Gimber St, Indianapolis, IN 46203 – the perfect BRRR (Buy, Rehab, Rent, Refinance) opportunity awaits! This 2-bed, 1-bath property presents a canvas for transformation, offering the chance to convert it into a spacious 3-bed, 1-bath haven. Nestled in a prime location, this diamond in the rough is poised to become a lucrative asset.

The strategic layout of 1728 E Gimber St provides an ideal foundation for your creative vision. With a thoughtful rehab, this property can be reimagined into a versatile 3-bedroom home, meeting the demands of discerning renters or future buyers. The potential for increased value is undeniable, promising a handsome return on investment.

Situated in a neighborhood on the rise, this property is primed for growth, ensuring a favorable market for your revitalized gem. Don't miss the chance to showcase your expertise and turn this property into a profitable venture. Act now and secure 1728 E Gimber St – where smart investing meets unlimited potential. Contact us today to embark on a journey of real estate success!

Roof - New

Furnace - New

Floors - New

AC - New


Recent Solds -

1218 E Southern Ave. Sold: $191,000 2 beds 1 bath 940sqft

1420 Comer Ave. Sold: $175,000 2 beds 1 bath 960sqft

1152 McDougal St. Pending: $159,900 2 beds 1 bath 998sqft


Rents in the area are starting at $1,350+


Property Details Call or Text Butch @ 463-258-2971


Property Details πŸ‘

Construction: Frame

Electrical Panel: 

Air Conditioner: New

Water Heater: New

Roof: Asphalt

Foundation: Crawl / Raised

Occupancy: Occupied


Points of InterestπŸ“ 

11 minutes from Indianapolis downtown πŸ’’

7 minutes from Beech Grove πŸ’’

20 minutes to Airport πŸ›«

6 minutes to University Heights πŸ“š


Seller will stay in house through February 29 and there will be post possession.


πŸ’₯YOU CAN ALSO CLICK THE WIN IT NOW BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOMEONE ELSE DOESπŸ’₯


Disclaimer: Many of our properties do require some sort of renovations. It’s up to you to perform your own due diligence. We do offer General Contracting Services. If you would like for us to bid out your renovations please ask. We purchase directly from the seller at 40-60% of ARV minus repairs which allows us to pass those equity savings on to you. Which makes for a win win for our clients and our group.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Butch Stanifer, Real Estate Broker/Owner #: RB14046750

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