Summary
fully remodeled, ready to rent (or move-in to house-hack). Just need appliances.
PRICE $429K - VACANT | MUST SEE!
Massive value & appreciation in this market as values continue to increase
COMPS:
- SOLD: $630K (DUPLEX) 818 Greer St. 4/3 2798 sqft
- ACTIVE: $535K (DUPLEX) 518 Prospect St.
- SOLD: $420K (DUPLEX) 403 E. Morris St. 5/4
- SOLD: $472K (SFR) 926 S Noble St 3/2 1728 sqft
- SOLD: $640K (SFR) 1247 Hartford St. 3/4 2920 sqft
Units are on separate meters.
Local investor? HOUSE HACK & LIVE FOR FREE - Live in one unit & rent the other one.
Ground Level: 2/2
Upstairs 2/1 with loft
WHY THIS DEAL IS SO INCREDIBLE:
- Est rents $2000k a month per unit LTR, MORE FOR MTR/STR
- Walking distance to great local shops and restaurants
- Walking distance to Ely Lilly World Headquarters (Great for MTR business)
- Coffee Shop being built right next door
- Short distance to Lucas Oil and all other stops in downtown Indy
- Just minutes drive from Indy 500 Racing!
56% Cash on Cash Return, assuming a 20% Down DSCR (not including any additional built-in equity)
Buy this duplex at a discount of $429K, valued at $585K = instant equity
Perfect rental or Airbnb for HUGE RENTAL INCOME DUE TO AMAZING AREA.
TEXT CHRISTIAN (619) 779-3638
Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold