Add this Indianapolis cash-flowing duplex to your portfolio today! For Sale

  • $115,000
  • 4 beds
  • 2 baths
  • 1,340 sqft

Property Address: 60 S Tremont St, Indianapolis, IN 46222

Wow! Talk about a fantastic opportunity. Long term tenants are month-to-month, want to stay, and are current on rent. They are paying $600 per unit. The property is separately metered – with additional cash flow upside available (as current monthly rent is below market).

Each unit has 2 beds and 1 bath for a total layout of 4 beds and 2 baths. These units have some high quality features – including tile flooring in the kitchen and some hardwood as well. Being close to downtown attractions adds to the overall appeal too.

The Realtor.com estimate for this duplex is $181,900; expect great monthly income and some nice equity. Interestingly, this deal is such a steal – this is a rare chance to get an Indianapolis property for below the assessed value!

This one won’t last long; lock it in before it is gone!

CLICK HERE to see more information on investing in Indianapolis

 

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? 09/30/2022
  5. Who pays the utilities? (tenant or owner) TENANTS
  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:
$115,000
Address:
60 S Tremont St
Indianapolis, Indiana 46222
Square Feet:
1,340
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1909

Call 866-335-3739 for more details

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