Earn Great NET Return On Turnkey Duplex with 2br/1ba per side Sold

  • $99,000
  • 4 beds
  • 2 baths
  • 3080 sqft

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%!

 

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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?  JULY 2021 and SEPTEMBER 2021
  5. Who pays the utilities? (tenant or owner) Tenants will pay utilities
  6. Can you manage the rehab? N/A
  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:
$99,000
Address:
245 and 247 S Randolph St
Indianapolis, IN 46201
Square Feet:
3080
Lot Size:
4,443
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1920

Call 866-335-3739 for more details

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