DUPLEX FOR SALE IN FOUNTAIN SQUARE (INDIANAPOLIS, IN)

[Uchenna "Che" Nnaemeka]

Address: 1638 Pleasant St., Indianapolis, IN 46203

- 2-story duplex located in Fountain Square neighborhood

- 1482 sq. ft on each side (2964 sq. ft. total)

- 3 beds and 2.5 baths on each side

- fire place on each side

- basement access on each side

- access to large attic space on one side

- hardwood floors

- brand new 3-pane windows installed throughout the house

 (currently boarded up to protect windows)

- corner lot

- completely gutted, ready for renovation

- annual taxes hovered around $1200-$1300 in recent years

- Estimated Rehab: $60-$70K

- Estimated Monthly Rent: $1700-$1800 month

- Estimated Cap Rate: 13%-14%

Price: $59K

Please contact me directly for more info, pictures, and showings if interested...Thanks!