Buy this perfect 3br/2ba spacious rental for cash flow and equity! Sold

  • $79,000
  • 3 beds
  • 2 baths
  • 1,694 sqft

Property Address: 1006 Columbia Ave, Alexandria, IN 46001

This property has over 1600 square feet of living space with 3 bedrooms, 2 baths, and a bonus room (that could be a 4th bedroom). Great siding and newer windows provide good curb appeal. Most rooms have attractive LVP…bedrooms have carpet.

With an ARV of more than $150K and a price of just $89K, you have a huge spread…even after a few minor repairs.

With rent of $1250 you get great cash flow and will easily beat the 1% rule.

Add this to your portfolio before someone else snags it from you!

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? NO
  3. Are tenants current? N/A
  4. When does the tenant lease expire? N/A
  5. Who pays the utilities? (tenant or owner) TENANTS
  6. Can you manage the rehab? NO
  7. Can you manage the property? NO
  8. Can I lease it from you? NO

What to expect:

  • Property is being sold ‘as-is’.
  • The buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • The buyer will need to sign paperwork and submit $2,000 of non-refundable earnest money to a title company specializing in investment properties to reserve the property.
1006 Columbia Ave
Alexandria, Indiana 46001
Square Feet:
For Sale
Property Type:
Year Built:
Const. Type:
Wood Frame

Call 866-335-3739 for more details

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