Achieve the 2% rule on this adorable duplex! For Sale

  • $49,000
  • 5 beds
  • 3 baths
  • 2311 sqft

One unit is a 3br/2ba that should rent for at least $900 and the other unit is a 2br/1ba that should rent for at least $750. It needs some work, but you could be all in (depending on your finishes) in the $80-90K range. Roof is 8 years old, some new windows, bathrooms and kitchen partially updated already. Could also be a great BRRR. Most Indianapolis Property Managers also manage Anderson.

CLICK HERE to access the Sales Comps

CLICK HERE to access the Rental Comps based on 3br

CLICK HERE to access the Rental Comps based on 2br

CLICK HERE to see more information on investing in Anderson

 

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? NO
  3. Are tenants current? NA
  4. When does the tenant lease expire? NA
  5. Who pays the utilities? (tenant or owner) OWNER
  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 Monument Title to reserve the property.
Price:
$49,000
Address:
1404 W 6th St
Anderson, IN 46016
Square Feet:
2311
Lot Size:
5,896
Bedrooms:
5
Bathrooms:
3
Terms:
For Sale
Property Type:
Duplex
Year Built:
1898
Const. Type:
Wood Frame

Call 866-335-3739 for more details

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