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Archived over 4 years ago

$84,000

3 bd ba 1647 sqft

510 E Cunningham St, Martinsville, IN 46151

Residential SFR Needs Repairs Off MLS

Current Rent **

$900

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Quick Flip on North Side of Martinsville

This home is on the north side of Martinsville, about 7 blocks from the center of town! Many updates have already been done including the bathroom, majority of kitchen, newer roof, and siding. Only has a few items to finish up and will be market ready. Property also has a detached garage in the back and will come with the property. Home still needs carpet, paint, small finishing touches to siding, and finishing in the half bath.

Currently has tenants in the property who most likely will not be staying at the sale of the property. They do not have a formal lease with the current owner.

If interested please call or text for information, thanks Wes!

Location:

510 E Cunningham St, Martinsville, IN 46151

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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.