$81K in Instant Equity

📍HOT Indianapolis Location

NEW CONSTRUCTION!

Buy: $249,999
Appraised Value: $330,000

Call or Text Us: 321-384-5006

Key Features:

• 🏠 3 beds, 2 full baths, 1 half bath 
• 🌃Near Downtown Indianapolis
• ✈️19 min drive to Indianapolis Airport
• 🌬️ Heating & Cooling: Central  
• 🆕 New Construction: 2022 Year Build

Click Here For Pictures

Property Details

Newly built in 2022, this 3-bedroom, 2.5-bath home offers solid investment potential. Appraised at $330k, it’s available for $249K, providing instant equity. The property features modern finishes, energy-efficient systems, and a functional open floor plan. Located near downtown Indianapolis, it’s well-positioned for both renters and future resale. With no HOA fees, this turnkey opportunity has a high appreciation potential.


Pictures:

https://drive.google.com/drive/folders/10HHW_wQnyWe9PEL48s_FrDBNbZ64sGss

Comps:

5877 Kingsley Dr, Indianapolis, IN 46220
Sold on 08/22/24 $397,000

5722 Crittenden Ave, Indianapolis, IN 46220
Sold on 08/09/24 $355,000

2455 N College Ave, Indianapolis, IN 46205
Sold on 09/28/23 $358,000

1134 Hoyt Ave, Indianapolis, IN 46203
Sold on 08/18/2023   $340,000

2032 Yandes St, Indianapolis, IN 46202
Sold on 06/03/24 $439,000

2818 N Carrollton St, Indianapolis, IN 46205
Sold on 08/22/24 $330,000

1134 Hoyt Ave, Indianapolis, IN 46203
Sold on 08/23/24  $315,000

Pros:

1. Instant Equity: Purchasing at $260k with an appraised value of $330k gives you $81K in immediate equity, providing a cushion and potential for profit.
   
   
2. New Construction: Built in 2022, the property has modern systems, energy-efficient features, and updated finishes, reducing maintenance costs and attracting quality tenants or buyers.
   
   
3. Prime Location: Close proximity to downtown Indianapolis and major transit routes enhances the property’s appeal for renters and future buyers, driving demand and potential appreciation.
   
   
4. No HOA Fees: No recurring HOA fees mean lower carrying costs, which improves cash flow or holding potential.
   
   
5. Light Rehab Needs: Minimal renovation requirements allow for a quicker turnaround, whether flipping or preparing for rental.

Investment Strategies:

• Fix and Flip: Complete the light rehab and sell quickly to capitalize on the $70k equity and market conditions.

• Buy and Hold (Long-Term Rental): Rent out the property for steady income while benefiting from property appreciation over time. 

💎Join Our VIP Network 💎

DISCLAIMER:

• All offers are Cash or Private Lender Only.
• Deposits for all properties are non-refundable.
• Properties are sold AS-IS with NO inspection period; Please inspect first.
• Buyer pays all closing costs for buyer and sellers.
• Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Citywide Investments, LLC, actual repair cost, rent, and/or ARV may vary. 
• Citywide Investments, LLC is not a licensed contractor or appraiser.
• Taxes, Insurance, and Closing Costs are estimates. Actual cost may vary.
• Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.