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Archived about 2 years ago

$85,000

2 bd 1 ba

5103 E St Clair St, Indianapolis, IN 46219

Residential SFR

Current Rent **

$1,000

Projected Rent **

$1,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

East side of Indy!! đŸ‘‰Vacant buy and hold with equity or AirBNB

Check out this single family on Indy's east side near Little Flower and Irvington. This one is vacant so you can go check it out right away! Buy and hold with equity play or short-term rental (AIRBNB), are just a couple of options!

Roof - 8 years
Furnace - 5 years
AC - 8 years
Water Heater - 8 years
Windows - 8 years

Recent 2-bedroom Emerson Ave neighborhood sales include:
709 N Emerson - SOLD $155k (2/1, 820 sf, basement, 2-car detached)
709 N Bancroft - SOLD $170k (2/1, 1120 sf, basement, 2-car detached)
636 N Bancroft - SOLD $185k (2/1, 1142 sf, basement, 1-car detached ,6 DOM)

Reply for access information.

Location:

5103 E St Clair St, Indianapolis, IN 46219

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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.