Indianapolis QUAD(two duplexes on same lot) Lots of cashflow!

[Lee Smith]

2402-2412 N Lesley, Indianapolis, IN, 46218

Asking price 125k firm.

Two duplexes on same lot. Nice quiet cul de sac. Lots of updates over the past 3 years. These are pretty much bulletproof at this point. I have owned for 3+ years, and cashflows very nicely.  

Cashflow analysis for your review..

All 4 units rented.. We can handle the property management for you if you like.

These units all have:

Solid brick exteriors.

2 bedrooms 1 bathroom(774 sq feet each).

Washer drier hookups in each unit.

Hardwood floors throughout, recently refinished.

3 of 4 have new furnaces. One unit has new central air in last year. Rest have wall mounted window units, so easy to replace as needed.

New roofs last year.

New 6" seamless gutters in the past year.

On a quiet cul de sac in a decent neighborhood.

Tenants pay ALL utilities and have their own trash bins.

Videos for the different units are here: Note: 2404 video is older(2015) and has lower resolution video, but you should get the idea.

2404 tenant is signing another lease for 3rd year. She has been there 2 years already.