4 Unit Building - Indianapolis - Completely rehabbed ready to cash flow

4 Unit Building - Indianapolis - Completely rehabbed ready to cash flow

Real Estate Professional · Indianapolis, IN · Member since 2013 · 25 posts · 3 votes

Completely rehabbed 4 unit building with 3 car detached garage.

Scope of work and additional pictures available upon request. Not a patch job, this was a top down renovation, new electrical, plumbing, flooring, drywall, doors, windows, paint, and much more. All appliances will be included, tenants being screened for move in this week.

Price : $184,900 - negotiable

Gross Yearly rent : $31,200 ***this does not include income from garage. Rent the garage spots to tenants for another income source!

NOI : $19,771 (without garage income)

Property Tax : $1,556

Management : 10%

Any questions or need more info?I'd be happy to help, just send me an e-mail:

[email protected]

0Reply
5 views

2 Replies

Jump to latestLatest
  • Real Estate Investor · Carmel, IN · Member since 2013 · 44 posts · 8 votes
    12y

    What area?

  • Residential Real Estate Broker · Indianapolis, IN · Member since 2010 · 1k+ posts · 557 votes
    12y

    Looks good.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.