Take your pick: RENT or FLIP – this investment can be either! Sold

  • $84,000
  • 3 beds
  • 2 baths
  • 1,728 sqft

Property Address: 1204 N H St, Elwood IN 46036

This 1969-built Anderson, Indiana MSA property has potential as a rental or (with some updates) a high-end flip.
With 3 bedrooms, 2 baths, and 1,728 square feet – this Elwood home can rent for $1,000+ (Zillow Rent is estimated even higher – at $1,299); the well-maintained (but dated interior) currently has an existing tenant on a month-to-month lease.

You can install a new roof and keep the current tenant with an updated lease OR focus on modernizing the interior and flipping (with nearby homes in the neighborhood recently selling for $170K to $185K).

Either option has tremendous potential – schedule a showing today!

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? YES
  3. Are tenants current? YES
  4. When does the tenant lease expire? MONTH-TO-MONTH
  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.
1204 N H St
Elwood, Indiana 46036
Square Feet:
Lot Size:
For Sale
Property Type:
Year Built:
Const. Type:
Wood Frame

Call 866-335-3739 for more details

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