This charming 2-bedroom, 1-bathroom single-family home is an incredible investment opportunity! Located at 1506 Mary Dr, Indianapolis, IN, this property is a stone's throw away from the bustling heart of the city, yet offers the tranquility and comfort of a smaller community.
Built in 1945, this 900 square foot home is in move-in ready condition, making it a perfect rental or flip opportunity. The property is directly across from the Indianapolis International Airport and the Skyzone Trampoline Park, and adjacent to a shopping plaza. With the 465 highway on-ramp just a 2-minute drive away, this location offers unparalleled convenience.
The property is valued at $120,000 in the current market, which has been witnessing a steady increase in property values and high rental demand. With an asking price of just $69,800, this property presents a massive return potential. Whether you're looking to hold it as a long-term rental, flip it for a profit, or make it your primary residence, the possibilities are endless.
The neighborhood is bustling, thanks to its proximity to the airport and shopping center. Despite this, it retains a sense of community and charm. The property taxes are $2,000 per year, and there are no known issues or repairs needed, making this a low-maintenance investment.
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Financing options include hard money and traditional mortgage. Don't miss out on this amazing deal - if you don't make an offer, someone else will! Values in this area have been skyrocketing as more people relocate from other states. It would be an excellent pick for any investor! The numbers are wide enough for a flip, but you could also transform this into the perfect rental!
This deal won't last long, reach out now before its too late!
Call Brian at 260-888-3985 for more info before this deal sells!
Property Details ๐ก
Rehab Level: Light
Construction: Stick-Built
Electrical Panel: Good Condition
Air Conditioner: Good Condition
Water Heater: Good Condition
Roof: Good Condition
Foundation: Crawlspace
Occupancy: Vacant at closing or month to month tenant stays, your choice
Points of Interest๐
3 minutes from the Amazon Distribution Center๐ญ
3 minutes from Target Distribution Center๐ง๐ปโ๐ง
19 minutes from downtown Indy ๐
14 minutes from the Hospital ๐ฅ
3 minutes from the Airport โ๏ธ
Close to many amazing schools rated 6/10 K-12๐
Rental Comps ๐
7580 W Washington St, Indianapolis, IN 46231
$850/month
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Call Brian โจ
260-888-3985
๐ฉ๐ปโ๐ผ๐จ๐ฝโ๐ผREALTORS!!
We pay big commissions! Call us today to find out if this is the property for your buyer
Financing Available โก๏ธ
๐ฅYOU CAN ALSO CLICK THE WIN IT NOW BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOMEONE ELSE DOES๐ฅ
COMPS BELOW
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