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Archived about 1 month ago

$75,000

3 bd 2 ba

402 N Beville Ave, Indianapolis, IN 46201

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,300

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

Beville Avenue 3/2 Flip or Hold on Indy's Near Eastside Pickens & Loftins hood!

Check out this 3/2 located on Indy's near east side in the Pickens & Loftins neighborhood!! The current owner, has this rented by the week and has sectioned off rooms to do so. Tenants will be out at closing and this could be a true single family again. It does has some newer big ticket items including mechanicals.

Roof - 3 years
Furnace - 3 years
Water heater - 7 years

Do NOT disturb occupants. Please reply for showing information.

Recent same neighborhood sales include:
406 N Beville - SOLD $89k AS IS (2/1, 967 sf, no garage, 4 DOM)
242 N Beville - SOLD $181900 (4/2, 1703 sf, no garage)
There are 3 actives....two flips and one proposed new build...with list prices ranging from $330k - 365k in the same neighborhood)

Location:

402 N Beville Ave, Indianapolis, IN 46201

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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.