What do you think of this deal?

[Gustavo Munoz Castro]

Just put this under contract yesterday for $62,500:

209-211 N Randolph St, Indianapolis IN

Looks like a 3/1 duplex with about 1700 sqft each side. Looks like it was bought as a turnkey rental in 2013. Each side is currently rented for $675. One lease expires 3/2018 and another 3/2019. COC return looks solid but y main reason to buy is that that area (Arsenal Heights) looks like it may pop soon and get fully gentrified (new bike trail being built on New York St, several flips and a spec built home all around). Rents are still lower but may be worth holding onto. Thoughts?

Next week I'll be doing an inspection and sewer scope, any other recommendations?