Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

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

Quick Indianapolis Flip! 3BR Warren Township--$35k PROFIT!

Clay Manship
  • Indianapolis, IN
Posted

What a great flip opportunity, or high quality rental in a great east side suburb of Indianapolis. Ask about our financing options! This opportunity is great for all kinds of investors!

______

                                                               
                       The #1 Source for OFF MARKET & DEEPLY DISCOUNTED
                                      Indianapolis Investment Properties
                                            
           1150 N. Mitthoeffer Rd
           Indianapolis, IN 46229                                                               $69,000
CLICK FOR PICTURES
CLICK FOR VIDEO
CLICK FOR GUARANTEED FINANCING

BEDROOMS: 3
BATHROOMS: 1
SQUARE FOOTAGE: 1,005
YEAR BUILT: 1957

CLICK FOR MLS COMPS
This beautiful, well-maintained 3 Bedroom stone home in the heart of Warren Township is compatible for both the fix & flipper or buy and hold investor. Long-term tenants just moved out, so this property will only need a tenant turn to get rent ready, or some more plush cosmetic items in order to flip and sell retail to an owner occupant. Complete the finishing of the dry basement, and add another bathroom, and you could easily see sale price go even HIGHER.

Brand new roof (2016), newer windows, and mechanicals that are about 10 years old, but in good working order. Rest assured on this property--all of the "big ticket" expense items have recently been addressed or replaced. A solid addition to any rental portfolio at a 9%+ CAP RATE in this neighborhood.

If you are looking to fix & flip, the comparable sales in the immediate area indicate a likely value somewhere near $125,000. With more finished square footage in the basement, or the addition of another bathroom (already plumbed in basement) retail price could go even higher. Take advantage of the hot Indy retail market TODAY.

GUARANTEED PRIVATE FINANCING IS AVAILABLE...please click the "GUARANTEED FINANCING" button above for terms on acquiring this asset using our private lending program.


QUESTIONS OR OFFERS?


Clay Manship

317-828-4972


[email protected]
Offering

Loading replies...