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Sold over 4 years ago

$44,900

4.0 rooms 1 ba 2596 sqft

331 N Temple Ave, Indianapolis, IN 46201

Multiple

Current Rent **

$2,000

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

331 N temple Ave Indianapolis, IN

Investor Alert!! This is a amazing opportunity to purchase a multi family property with FOUR separate units! Huge opportunity for CASH FLOW...

3 of the 4 units were previously lived in before having everyone removed from property. All units have there own exterior door entrance and all utilities are split. Rents in this area are $475-$550/ MO!! Property may need a new roof and new siding to really improve the curb appeal. Property has a clear title. Be sure to do your own due diligence and take advantage of this great deal while its available!

Picture here:
https://www.dropbox.com/sh/eaa96ck71dihvt8/AAAWSB9Trl1Y1VKRxCcWAriPa?dl=0

331 N Temple Ave Indianapolis, IN
List as a Single Family
4 bedroom/ 4 bathroom
Gas furnace
Gas water heater
Newer electric panel
Off street parking

Location:

331 N Temple Ave, 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.