huge duplex 6b/2b $25k Indianapolis

Published by: Turn Key Homes LLC on 17th Jan 2011 | View all blogs by Turn Key Homes LLC

814-816 N Gray St

Indianapolis, IN 46201

$25k Cash or Hardmoney


Duplex - Nice Investment
 
3 bed
1.5 bath
per side...

nice investment
 
Repairs:$5k to $8k
About the Property at  814 N. Gray Street, Indianapolis, Indiana 46201

Very Attractive Home with 6 Bedrooms and 2 Bathrooms in Indianapolis, Indiana!  This Property is Located in a Great Rental Area. You Can't Beat this Deal.This Home has Several Nice Features including Two Separate entrances, 3 Bedrooms and 1.5 Bathroom in each unit, Separate utilities, 2 Water Heaters and 2 Furnaces, 2 Basements. (Freshly painted on Lower lever) Newer Vinyl in kitchen, 3 Bedrooms, 1.5 bath upstairs & downstairs .  The 2nd Unit is the same layout (3 Bedrooms and 1.5 Bathroom), All carpet The Property has an attractive exterior There is parking in the rear of the property with separated spaces. This Home's Location is Set for a Cash-Flowing Opportunity! Rent would be from $450-600 a Month per unit.



Bedrooms: 6
Bathrooms: 2
Sqft: 2800
Lot size: --
Property type: Other
Year built: 1921

Estimated Home Values: 

eppraisal value
$78,411
Low: $66,649
High: $90,172
Zillow value
Low: $57,750
High: $89,320
View Value Range




ROI:
this is an estimate with a rented price of $500 a month per unit $1000 a month less prop mgt fee which is $100 - $900 for 12 months $10800 dollars a year an selling price $25k

take away annual taxes $1k a year

E.Santiago
We Buy Homes Indianapolis
317-855-8366
Turn Key Homes LLC


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