Bates-Hendricks or Irvington: What's your Favorite?
Considering two properties in Bates-Hendricks (Iowa St) and Irvington (Butler Ave). Pretty much have a decision made already in my head but just wanted to see the feedback from some other viewpoints.
Both properties are pretty much identical.
•3/1s
•Roughly 1,500 square feet
•Both Turnkey
•Both 2-car garages
•Both in low 50Ks and estimated rental value of $775-800
Only differences:
•BH home was built in 1890; Irvington property 1923
•Irvington prop has a 1,000+ square foot unfinished basement; BH prop has a typical basement of 300sf
•Irvington prop is being sold as-is; BH prop open to inspection corrections.
Which one would twinkle your eye was an investor of Indy?