Fantastic Turn Key Duplex Opportunity

[Carlos Altamirano]

Hi there, hope you have been having a great week.

Did you hear about this? Indianapolis was named "Dream City"for millennials, the nation's largest living generation with over 75M people. Given the booming retail in Broad Ripple, Mass Ave, and Fountain Square areas, we believe Indianapolis will continue to demand safe and affordable housing coming into 2017 and 2018. Read more about it HERE

We have a great Turn Key buy and hold investment opportunity in the Brookside Parkway South Dr / N Sherman Dr neighborhood of Indianapolis. This is a duplex with 3bed/1.5bath on each side. THIS DUPLEX DOES NOT NEED ANYMORE REHAB. Each side rents for $700/$1,400 monthly. Taxes are approximately $2,000/year average and insurance is currently $600 annually. Year leases have a renewal on July/August 2017. Repairs going forward should be minimal given the extent of renovation and the fact that all appliances and mechanicals are new. All new electrical (panels, wires and fixtures). All new plumbing. New water heaters. New washer and dryer's. Complete kitchens and baths remodel. All new flooring throughout. For an overview and pictures of this deal please click here HERE

You can also look at the financial analysis HERE

Comparable properties include

1) 2115 Nowland Avenue, Sold for $126,400 on 01/22/2016

2) 639 North Hamilton Avenue, Sold for $120,000 on 11/14/2016

Address: 1201 N Oakland Ave Indianapolis, In, 46201

Purchase Price: $120,00

Rehab Budget: $0

If you are interested and would like to move forward with this purchase please reply here or email. 

Thank you for your time.

-Carlos

-CFA Investments LLC