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Archived about 1 year ago

$67,500

3 bd 1 ba

1716 Drexel Dr, Anderson, IN 46011

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,100

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

ANDERSON PROPERTY - Flip or BRRRR 3/1 on Drexel!

Here is a great 3/1 in Anderson with a detached garage and an extra parceled lot next door. Each lot is 0.17 acre...one with the house and one as a blank slate. Built in 1955, this could be a flip or buy and hold with equity!

DO NOT disturb occupants. Please reply for showing information.

Recent 1/4 mile sales include:
1819 Horton - SOLD $70k AS IS (3/1, 936 sf, no garage, 0.25 acre)
1620 Euclid - SOLD $127k ((2/1, 913 sf, no garage, 0.19 acre)
1821 Drexel - SOLD $140k (2/1, 910 sf, 1-car detached, 0.52 acre)
2738 W 18th - SOLD $155k (3/1, 900 sf, 2-car detached, 0.14 acre)

DO NOT disturb occupants. All of our properties are sold "AS IS, WHERE IS" and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 630.303.3444.

Realtors, we love working with you, please add your fee on top of our price.

Location:

1716 Drexel Dr, Anderson, IN 46011

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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.