Indianapolis, Turn Key Rental Opportunity
⭐️Turnkey Short-Term Rental For Sale –Indianapolis, Indiana ⭐️
⭐️Located in the vibrant Fountain Square area| 3BR | 2BA | 1190 Sq Ft
$325,000 asking price
Own in the hottest area of Indianapolis with easy access to Irvington, Mass Ave, downtown Indianapolis and I- 65.
✅ 3 Bedrooms -2 upstairs +1 with ensuite bathroom on main floor
✅ 2 Full Bathrooms – luxurious finishes
✅ Dedicated parking for 2 cars
✅ Fully Furnished
✅ Great Reviews with Happy Guests
✅ Reliable Cleaning & Maintenance Team in Place
✅ Proven Rental Income (Contact me for details)
✅ Newly Remodeled in 2021 with new EVERYTHING!
✅ Built in 1900– perfect blend of cozy comfort and urban accessibility
✅ Close to Downtown Indy
✅ Great Location! Walking distance to downtown Fountain Square, nightlife, dining, and much more!
Whether you're looking for a great turnkey short term rental or a charming new home to call your own, this cozy gem in Indianapolis is ready for a new owner!
View the Airbnb listing here: 👀
see pics and Airbnb page here
Revenue for 2024 = $27,374.
Revenue for 2023 = $22,080
Revenue for 2022 =$31,520 (began in March)
According to AirDNA, this property’s potential is $33,700 rev per year due to location.
(note: revenue was higher in 2023 as owners had more time to optimize and manage)
The owners live out of town and have been self-managing the property. They also use the property as their residence when visiting Indianapolis.
Because of their work commitments and the fact that they stay at the property during visits, they haven’t had the time to fully optimize its performance. However, with a professional and experienced property manager in place, and more availability on the calendar for guests, this property—given its prime location—has the potential to significantly surpass last year’s revenue.
Monthly Expenses:
Taxes =$530
Electric (AES)= $80/ave
Water/Trash (Citizens)=$100/ave
Lawn Care/Maintenance=$16/ave
Please send DM for more details.