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Updated over 9 years ago on .

User Stats

25
Posts
3
Votes
Drew Dallas
  • Real Estate Professional
  • Indianapolis, IN
3
Votes |
25
Posts

Renovated Duplex in a great area of Indy

Drew Dallas
  • Real Estate Professional
  • Indianapolis, IN
Posted

Renovated duplex in the Mapleton-Fall Creek area of Indianapolis. Area is a solid area that has a ton of owner occupants in both single family and duplexes. We have a single family one block up that we are going to sell for $130k, and two more duplexes in the immediate area that will be renovated once this one is sold. 

Renovation included new roof, doors, drywall and paint, all electrical and plumbing, toilets/vanities/tubs, lighting, flooring in kitchen, half of the windows, refinished hardwoods in half and painted hardwoods on other half, and more that I have not mentioned. 

This property is ready to be cash flowed like crazy. 

Independent inspections / Appraisals welcome. See comps in dropbox, homes and duplexes are being sold for well over $100k. If anything were to come up in the inspection we can take care of it as well. 

If you are financing you should not have any issues with finding an appraisal for at or above offered price. 

We do management but as there are no tenants in place, so you can take to any management company you would like, we have other references for other great management companies as well. 

References from current clients are available as well for both renovations and management. 

Rent : $700 per side per month

Taxes will be max of 2% of new assessment, I would budget up to $2,000 on a new $100,000 assessment. This has not been done yet. 

Link : 2922-2924 Ruckle Dropbox

Asking Price : $95,000

Thanks for looking,

Drew Dallas

E-mail me directly at : [email protected]

or call any time : 317-679-0303

Offering