This desirable home offers great NET return, cash-flowing, turnkey duplex with 2br/1ba PER SIDE duplex in downtown Indy between Fountain Square and Holy Cross. It was just rehabbed with a new roof, new furnaces, new water heaters, updated electric and plumbing, plus LVP flooring.
Earn $1430 per month in cash flow with both units rented for $715/month. Your NET return is over 10%!
CLICK HERE to see Comps
CLICK HERE to see more information on investing in Indianapolis
Frequently Asked Questions:
- Can you provide financing? NO
- Are tenants in place? YES
- Are tenants current? YES
- When does the tenant lease expire? JULY 2021 and SEPTEMBER 2021
- Who pays the utilities? (tenant or owner) Tenants will pay utilities
- Can you manage the rehab? N/A
- Can you manage the property? NO
- 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.