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Derek Gendig
Pro Member
  • Broker / Investor / Property Manager
  • Indianapolis, IN
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125
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SFH - Indianapolis - Rehabbed & Rented - Don't Miss This One

Derek Gendig
Pro Member
  • Broker / Investor / Property Manager
  • Indianapolis, IN
Posted Jun 24 2014, 13:03

We have a client looking to sell their beautifully rehabbed SFH home in Indianapolis. The home was rehabbed in the fall of 2013. The home is currently leased for a term of 1 year at $736.00 per month. This home is Amazingly priced at only $47,500! What a fantastic Cap Rate! See below for some pictures of this beautiful addition to any portfolio.

Purchase today, collect rent tomorrow! Instant return on investment!

Property Details:

3825 North Tacoma

2 bedrooms 1 bathroom

Hardwood floors throughout

1 car detached garage

Fully fenced front and rear yard

Semi-annual tax $537.00

776 square foot on a basement

Air Conditioner

New Vinyl Windows

Lease Terms:

1 year lease (started 10/23/13)

Rent of $736.00 per month

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