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Archived about 1 month ago

$70,000

2 bd 1 ba

3631 Fletcher St, Anderson, IN 46013

Residential SFR

Current Rent **

$900

Projected Rent **

$900

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

Anderson Properties!! GREAT cash flow potential with these two units!!!

Here is a great buy and hold opportunity in Anderson! You have a 2/1 house that is just adorable, as well as a 1/1 apartment that is also great! These are on separate electric meters and currently share gas and water. Between the two units, you could bring in $1400 per month in rent possibly!!!

Both units will be vacant at closing!! Do NOT disturb occupants. Please reply for showing information.

Roof - 2 years

Main House:
Furnace - 15 years
AC - 15 years
Water Heater - 15 years
Windows - 15 years

Apartment:
Furnace - 15 years
AC - no central AC
Water Heater - 15 years
Windows - 15 years

Location:

3631 Fletcher St, Anderson, IN 46013

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.