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For sale about 1 month ago

$60,000

2 bd 1 ba

1912 E 38th St, Anderson, IN 46013

Residential SFR

Current Rent **

$1,200

Projected Rent **

$1,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

🌳 Anderson Property! Flip or Hold across from a park!🌳

When you step into this Anderson home, you will be transported back into a different time. The home has been well cared for but it is dated. It comes with a 2-car detached garage, fenced yard and sits across from a nice park. Nothing has sold for less than $105k in the 1/4 mile over the last year.

This could be a great quick flip or buy and hold!

Roof - 25 years
Furnace - new in 2021
Water Heater - 12 years
2-car detached garage

Please reply for showing information.

Recent 1/4 mile sales include:
1711 E 37th - SOLD $105k (2/1, 672 sf, no garage, also built in 1945, 29 DOM)
3729 Burton - SOLD $117k (2/1, 800 sf, 1-car detached, built in 1950, 10 DOM)

Location:

1912 E 38th 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.