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Anderson, Indiana Rental or Fix and Flip

Madison County, Anderson, IN, 46017
Sold
Listed at: May 29th, 2023
Price
$65,000
ARV
$140,000
Gross Margin
$75,000
16 pictures, show all
Sq. Footage
1166
Type
Single-Family
Parking
Garage
Year build
1951
Lot size
11250.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Rent or Flip Your Choice!


This property we have available is a 3 bedroom with a 2 bath located in Chesterfield just less than 5 min away from Anderson and 30 min Away From Indianapolis, IN. This property will be delivered vacant and ready at closing. This property would make a great rental for someone looking to grow their portfolio with rents averaging around $1,000-1450.

This particular property would also make a great return with the Fix and Flip strategy with repairs averaging around 25-30k depending.

The furnace may need a new blower. The flooring had been redone in the Master Bedroom and the Bathroom. The garage has been torn down and the slab is still existing.

Property Details

Property Type: Single Family Home

Bed/Bath: 3/2

Garage: No

Water: City

Sewer: City

Foundation: Crawl/Raised

Roof: Asphalt

Roof age: 3 Years

HVAC: Central

HVAC Age:

Heating: Forced

The repairs of this property will need Drywall, Paint, Furnace blower motor, and the Kitchen, and Bathrooms could use some updating.

*All properties are sold for cash or hard money. Agents and Brokers add your fees on top! A $2,500.00 non-refundable earnest money deposit must be made within 24 hours after the offer is accepted and 14 days or less closing period are required. *Poof of Funds is needed to get an accepted offer. *Direct and legally binding and assignable purchase and sale agreements have been executed between the owners/sellers for the purchase of this property and a memorandum of contract has been recorded. We are offering to sell our equitable interest in this property. This contract is available for purchase for an assignment fee included in the price shown above. Do not attempt to contact the seller/owner for any reason. Swift legal action will be taken. ZERO UNAPPROVED RE-MARKETING WILL BE TOLERATED. NO DAISY-CHAINING!
Street View
Location
current deal
comparables
#2
 available
$123k
 sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

James Vance

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Disposition manager