Description

This is an EXCELLENT investment opportunity for the seasoned investor or a newbie!! Check out this cash flowing duplex on the city's West Side that sits on a DOUBLE LOT!! Located in River West just south of I-70 with easy access to the interstate and the old GM Stamping Plant where major redevelopment is going on. Each side is currently rented on a month-to-month lease at $500 per side. You can decide if they stay by signing a longer lease or look for new tenants on your terms. Roof: 15 yrs Windows: 2 yrs Furnace: 3 yrs 2 car detached garage Double Lot The duplex located at 1230 Hiatt sold for $52,500, also with a 1/1 on each side with similar square feet but with no garage. It was only on the market for 49 days! Now pending, is 1322 Lee St, which was only on the market for 7 days and listed at $54k. This one is also a 1/1 on each side and has a 2 car detached garage, as well. Each side is only 418 square feet, smaller than ours.   Amie Lieurance Dispositions Manager Nupradox 630.303.3444 amie@nuparadox.com



Property Details

Property Status Available
Location 1221 W Lee St, Indianapolis, IN 46221, USA
Price $49,900
Estimated Repairs $0
Square Footage 1332
Sq Footage Source tax_records
Estimated Equity $-49,900
Bedrooms 2
Bathrooms 2
Year Built 1938
Sellers Disclosure I am the owner of this property and have authority to sell
Publish Date June 11th, 2018

Seller Information

Will Hull

Mountain View, California
Member since June 2016
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