Investor Ready Single Family Home in Fountain Square Park

[Carlos Altamirano]

Check this this article I was reading the other day.

City to Consider $15.2M in Bonds For Downtown Projects. If this passes, I think we all can agree property values around downtown will continue to go up, specially in Fountain Square Area.

Speaking of Fountain Square, check out this single-family opportunity in the Prospect St/Saint Peter St corners of Indy, within less than a mile of growing downtown Fountain Square. This is a 4bed/1bath single-family home with 968 sq/ft of living space inside a 5,227 sq/ft lot. This is a full rehab that will take some imagination. Comparables in the area vary depending on the level of building materials, but some single family homes have sold for over $130k, including

1) 1308 Villa Ave-Sold for $140k on May 10th 2017 with a distance of .5 miles

2) 1635 Fletcher Ave-Sold for $184.9k on April 28th 2017 with distance of .8 miles

Property is ready to start renovating.

1033 Saint Peter St, Indianapolis, IN 46203

Purchase Price: $27,000 

Features: Wood Construction

Initial Repairs: $20,000-$25,000 

School: Indianapolis Public

Closing Costs: $1,350 

Year Built: 1896

ARV: Will Vary

ROI: 30%-35%

Lot: 5,227 Sq/ft

For Comps and more PICS please click HERE

If you are interested and would like to move forward with this purchase, please call or text

Thank you.

-Carlos

-CFA Investments LLC