Get Great Cash Flow AND Equity with this 3br/2ba Rental For Sale

  • $49,000
  • 3 beds
  • 1.5 baths
  • 1,477 sqft

Property Address: 321 Milton Ave Anderson, IN 46012

Grab this great rental opportunity near Anderson University.

With a premier location, this property is on a quiet street – and in addition to the university – is in close proximity to downtown and popular parks.

Containing just under 1500 square feet, this 3 bed / 1.5 bath house can command rental incomes of $1100+!

With rehab costs of $15 to $20K, be all-in for under $69,000 – and well over the 1% rule as a rental. Likewise, if you’re looking at a BRRR strategy or flipping-potential, there are multiple comps above $110K.

Residing in a popular neighborhood – houses don’t stay available here for very long! Lock this one down today.

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) TENANT
  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.
Price:
$49,000
Address:
321 Milton Ave
Anderson, IN 46012
Square Feet:
1,477
Lot Size:
7,688
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1899
Const. Type:
Wood Frame

Call 866-335-3739 for more details

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