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Description
2409-11 S Lockburn Street, Indianapolis, IN 46241
Property to be sold AS-IS. Fully occupied & Cash Flowing Duplex available in the Mars Hill area of Indianapolis. Both sides have 2 bedrooms, & 1 bathroom with 1092sf living space and an unfinished basement. Units are renting for $1050/mo and $1100/mo with leases until Feb and March 2025. Tenants pay utilities. 2 car split garage behind the property gives each tenant one garage spot as well as ample street parking. Recent upgrades include appliances, kitchen cabinets (in one unit), new carpet & paint, new furnace, & replaced sewer line. Property still needs some repairs, and is in great condition for it's age. Perfect 1% rule rental that should qualify easily for a conventional or DSCR financing. Perfect addition to add 2 rental units to your investment portfolio to grow your cash flow and wealth!
This is an Pending listing.
Broker Office Phone Number: 317-846-6300
Copyright © 2024MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 317-846-6300
Copyright © 2024MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Asphalt Shingle Roof
Price History
View all +
Date | Price | Variance | Type |
---|---|---|---|
8/30/2024 | $179,900 | -5.27% | Contract |
6/12/2024 | $189,900 | - | Listed |
Listing By: Keller Williams Indpls Metro N via Data Source: MIBOR Service Corporation