College Special; Grab this BRRR-ready Duplex located next to Anderson University! Sold

  • $50,000
  • 4 beds
  • 2 baths
  • 2,010 sqft

Property Address: 515 Ruddle Ave, Anderson, IN 46012

With ARV potential at $150K+, rehabbing this hidden gem will get you instant equity and a combined monthly rent of $1500 dollars.
At over 2000 livable square feet already (and more possible by finishing the basement) – this huge house (which is separately metered) – has one unit that is a 1 bed, 1 bath and one unit that is a 2 bed, 1 bath (with 2 bonus rooms that can be converted into extra bedrooms).

Previously rented to family (who loved the ample onsite parking, relaxing greenery, and close proximity to parks) – the property will be vacant at close – so you can start refreshing it right away! University rental opportunities don’t last long – contact us now!

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:
$50,000
Address:
515 Ruddle Ave
Anderson, Indiana 46012
Square Feet:
2,010
Lot Size:
7,688
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1885
Const. Type:
Wood Frame/ Concrete Block

Call 866-335-3739 for more details

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