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Updated almost 9 years ago on .

User Stats

549
Posts
310
Votes
Clay Manship
  • Indianapolis, IN
310
Votes |
549
Posts

Great Indianapolis Brick Ranch FLIP by County Club! $50k PROFIT!

Clay Manship
  • Indianapolis, IN
Posted
5065 Coburn Ave
Indianapolis, IN 46228

$115,000

ARV = $180,000!
Looking for the first investment of the new year? THIS IS IT! A beautiful 3BR/2BA all-brick ranch on Indy's beautiful northwest side. Just minutes from Highland Golf County Club, this is a gorgeous and highly sought after neighborhood on a great quiet street. Newer windows, decent mechanicals, and perfect exterior...the big ticket items have already been taken care of.

With approximately $20,000 in rehab (paint, hardwood flooring, kitchen and bath updates, new appliances) this will be a beautiful flip opportunity. The home directly across the street recently sold for $178,500! (See attached MLS comparable sales for reference.)

This property is currently occupied by a long term tenant at $1,000/month, to provide you with cash flow through the winter months prior to rehab!


QUESTIONS OR OFFERS?


Clay Manship

317-828-4972


[email protected]
WE LOVE WORKING WITH REALTORS!
If you have a CASH buyer for this property, please add your own fee on top of our listed price.
  • Property is being sold as-is, where-is.
  • All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. Buyer should conduct their own due diligence.
  • Property is to be sold to INVESTOR CASH BUYERS only.
  • Buyer shall be responsible for paying ALL associated closing costs.
  • In order to secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE earnest money check to Paramount Title, at 1848 N. Alabama St, Indianapolis, IN 46202.
  • If property is occupied, please do no disturb occupant. Occupant/tenant rights apply. Please contact our team for access instructions.

Pics: https://www.dropbox.com/sh/yudqdb3p69999b0/AABFtU7...

Comps: http://matrix.miborblc.com/DE.asp?ID=867786235

Happy New Year!

Offering