Fantastic opportunity for a 1950+ built property in Indianapolis! The property is a large ranch with 3 bedroom, 2 full bathrooms (one in the master), and an attached garage! It is located in a quiet neighborhood just inside the 465 loop in Warren township, making it a perfect rental pulling $825 in rent a month!
This brick ranch sits on a slab, and its structure and bones in perfect condition- once the necessary repairs are completed, this property will not need a thing for decades to come! Moreover, this home is a BRRR opportunity, with similar homes in the area selling for $60k+! This deal won't last long!
The Good and the Bad:
- Needs a furnace, water heater, a/c, [possibly] roof, and cosmetics. Once that's taken care of, you'll have a property that won't give you issues for years to come!
- Sits in a quiet neighborhood in Warren township just inside the loop, commanding great rents
- Comparable properties are valued at over 60k, making it a fantastic BRRR opportunity! Click here for MLS comps