1414 E Legrande Ave
Indianapolis, IN 46203
We've got a new opportunity available for immediate assignment. This 3 bedroom property had a minor fire, leaving it in need of some rehab and a new owner. The property is located just east of Garfield Park and south of Bates-Hendricks and Fountain Square.
Rental comparables in this area are very strong, which will help you pull in a great cash on cash return. We project you can make 11.4% on your money. That's a bigger and safer return than you'll find in most other investment types!
The house has a solid roof, and the furnace/AC were installed in 2009, and look to be in good condition. Much of the damage to the house was smoke damage, but it will need a good deal of work throughout. Some of the bigger ticket items that have to be addressed include replacing a few joists, a new kitchen, exterior siding, and new windows.
For more pictures, be sure to click into the photo gallery included above. If you'd like to reserve this today, please call or email right away!
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What to expect:- Property is being sold 'as-is' and 'where-is' for cash or hard money
- Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
- To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
- Buyer shall pay all closing costs
- If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!
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