All Forum Posts by: Uchenna "Che" Nnaemeka

5840 Woodside Dr.

Indianapolis, IN 46228

- Vacant

- 3 beds, 3.5 baths

- 2022 sq. ft.

- Unfinished basement

- Newer roof

- Pex plumbing and electrical are in tact

- Furnace, water heater and breaker boxes are in decent shape

- Sits on a huge double lot next to a park (.72 acres)

- Washington Township Schools

- Right around the corner from Highland Golf Country Club

- Needs new siding, windows, kitchen, baths, balcony, flooring, paint and landscaping

- Estimated Rehab Cost: $35k-$40k

- Estimated ARV: $150k-$160k

- Estimated Monthly Rent: $1150-$1200

Price: $79k

9599 Central Ave.

Indianapolis, IN 46240

- 3 beds, 2 full baths (additional bedroom and half bath can be created to make it a 4/2.5)

- 1490 sq. ft

- .55 acres

- 2-car attached garage

- Built in 1964

- Washington Township Schools

- Crawl space

- Roof, foundation, windows and gutters are in good shape

- Mechanicals are in tact

- Furnace and breaker box are in good shape

- Real wood flooring

- Big corner lot

- Needs new kitchen and baths, hvac, water heater, flooring, paint, fixtures and possible creation of additional bedroom and half bath

- Estimated Rehab Cost: $30k-$40k

- Estimated ARV: $165k-$180k

- Estimated Monthly Rent: $1300-$1400

Thanks @Michelle T.! I actually know Will, and I already have a buyer in mind that could be a good prospect for this...

@William Hull - Let's discuss this in some more detail!

Sounds good, Eli. We will surely be in touch...

I currently have two duplexes and a fourplex for sale on the east side of Indianapolis. One of the duplexes is currently cash flowing, and the other two properties (a duplex and a fourplex) are vacant and in need of rehabs. 13-15% cap on the turnkey duplex, and 20%-25% cap on the vacant properties after repairs. Please contact me for more details!

Address: 1638 Pleasant St., Indianapolis, IN 46203

- 2-story duplex located in Fountain Square neighborhood

- 1482 sq. ft on each side (2964 sq. ft. total)

- 3 beds and 2.5 baths on each side

- fire place on each side

- basement access on each side

- access to large attic space on one side

- hardwood floors

- brand new 3-pane windows installed throughout the house

 (currently boarded up to protect windows)

- corner lot

- completely gutted, ready for renovation

- annual taxes hovered around $1200-$1300 in recent years

- Estimated Rehab: $60-$70K

- Estimated Monthly Rent: $1700-$1800 month

- Estimated Cap Rate: 13%-14%

Price: $59K

Please contact me directly for more info, pictures, and showings if interested...Thanks!

Single-family home in the heart of Fountain Square currently for sale!

- 2 bed, 1 bath with large backyard

- Home is move-in ready, still with a lot of upside!

- Home has been easily renting for $800/month+ but is currently vacant

- Property currently is under contract with owner

Contact for more info!