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Archived over 5 years ago

$45,000

8+ bd 4+ ba 1248 sqft

67-69 & 71-73 S Sherman Dr, Indianapolis, IN 46201

Residential SFR

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

ONLY $45k!! TWO DOUBLES FOR THE PRICE OF ONE!!!

Check out these doubles next door to each other on Sherman Drive! Located on Indy's Near Eastside side walking distance to Sherman Park. According to NearIndy.org "The Sherman Park Reuse Plan calls for infrastructure investments to create an open, multi-use campus–welcoming light industry, commercial activity, and multi-family housing." To learn more about the Sherman Park Plan, clickhere. 

This is a great opportunity as this area continues to be revitalized! Both duplexes contain 2 bedrooms and 1 full bath per side. There is some great potential cash flow here once some TLC is added. If you are interested, please contact me for access instructions.PHOTOS!

Location:

67-69 & 71-73 S Sherman Dr, Indianapolis, IN 46201

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.