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Updated over 8 years ago on . Most recent reply
Fully Rehabbed SFH in Indy - Seller Financing Available !!!
INSTANT EQUITY!! POSSIBLE SELLER FINANCING with 50% down and 5 year fixed rate of 6%!
2 bed 1 bath SFH with garage, full basement and fenced back yard. Property is in a popular rental area close to highways; walking distance to bus stops, shopping and restaurants. Rent can be $650-750/month. Please find pictures below.
Sales comps:
5401 East 20th Street, $56,000
5349 East 20TH Street, $55,200
5314 East 19th Place, $49,000
Current active rent comps from hotpads.com:
5238 E 20th Street, $725/month
1938 N Bancroft Street, $695/month
I'm NOT a turn key provider, I'm just selling my own property in order to buy bigger deals. Property is vacant now so it's very easy to show and you can choose whom you want to rent it to.
The updates done for the property are:
1. vinyl windows
2. interior/exterior paint
3. flooring
4. bathroom
5. appliances
6. electrical box
7. pex plumbing
8. water-proofed basement
9. exterior door
10. repainted cabinets
New central air will be installed before closing or $2,500 credit to buyer.