Take a look at this lovely 3BR/2BA home in Indianapolis' SoBro neighborhood! Currently rented by a 10-year tenant, this could be instant cash flow, and a great BRRRR property, with the exit opportunity of a FLIP! See details below:
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Construction Management - Joint Ventures - Private Lending - Property Management
The #1 Source for OFF MARKET & DEEPLY DISCOUNTED
Indianapolis Investment Properties
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BEDROOMS: 3
BATHROOMS: 2
SQUARE FOOTAGE: 1,188
YEAR BUILT: 1997 |
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SMALLER HOUSE DIRECTLY NEXT DOOR SOLD FOR $129,000! What an incredible opportunity to own a GREAT 3BR/2BA home in the popular SoBro(Southern Broadripple) neighborhood! Use the high valued comps ($130,000 range) in the area to perform a perfect BRRRR strategy rental, or take advantage of the incredibly hot market and FLIP the home for quick profit!
Subject property is currently occupied by a LONG-TERM tenant (11 years) that is paying $800 per month on a month-to-month lease. Make immediate cash flow from DAY 1! Market rents should approach $1,200 per month with a house this size, after rehab is conducted and tenant moves out. With a budget of $30,000 to flip the house, the luxury finishes can attract a purchase price of $135,000--what an amazing return on investment!
DON'T WAIT! CONTACT US TODAY! |
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CIRCLE CITY REAL ESTATE
OFFERS:
1. CONSTRUCTION MANAGEMENT--Use our contractors, let us manage your project.
2. JOINT VENTURES--Don't want to go it alone? Let us do the project with you.
3. PRIVATE LENDING--We lend our own money to help you acquire undervalued assets.
4. PROPERTY MANAGEMENT--Utilize our trusted property management partners who currently manage 300+ units on behalf of our clients. |
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WE LOVE WORKING WITH REALTORS!
If you have a CASH buyer for this property, please add your own fee on top of our listed price.
- Circle City Real Estate is a wholly-owned subsidiary of Mainstay Property Group, LLC; Indiana licensed real estate brokerage #RC51700211.
- Property is being sold as-is, where-is.
- Circle City Real Estate or a related entity is selling interest in an executed purchase agreement with current ownership.
- All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. Buyer should conduct their own due diligence.
- Property is to be sold to INVESTOR CASH BUYERS only.
- Buyer shall be responsible for paying ALL associated closing costs.
- In order to secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE earnest money check to Paramount Title, at 1848 N. Alabama St, Indianapolis, IN 46202.
- If property is occupied, please do no disturb occupant. Occupant/tenant rights apply. Please contact our team for access instructions.
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