House for sale

Indianapolis IN 46201

Overview

Welcome to your next investment venture! This charming duplex, located at 845 N Dearborn St, Indianapolis, offers an excellent opportunity for savvy investors or homebuyers looking to generate passive income. Key Features: Prime Location: Situated in a desirable neighborhood, this property offers convenience and accessibility to local amenities, schools, and transportation routes. Income Potential: One side of the duplex is currently leased, providing a steady rental income of $995 per month. With one tenant already in place, you can start earning from day one. Versatile Living Space: The other side of the duplex is vacant and ready for occupancy. Whether you're looking to rent it out for additional income or move in yourself, this flexible space offers endless possibilities. Investment Flexibility: Investors have the option to rent out both units for maximum rental income or live in one unit while renting out the other to offset mortgage expenses. Low Maintenance: With separate entrances for each unit, maintenance and management are streamlined, making this property an attractive option for landlords. Investment Potential: Rental Income: The current rental income from one unit provides a solid foundation for immediate cash flow. With the second unit ready for occupancy, you have the potential to double your rental income. Appreciation: Indianapolis' real estate market has shown steady appreciation over the years, offering the potential for long-term capital growth on your investment. Don't Miss Out! Whether you're an experienced investor or a first-time buyer, 845 N Dearborn St presents an excellent opportunity to capitalize on the thriving Indianapolis real estate market. Schedule a viewing today and unlock the potential of this lucrative investment property! Seller IS accepting backup offers.

Details

  • Price: $205,000
  • Area: 2,080 sqft

Location

Indianapolis IN 46201

House for sale

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Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


2024-07-07, Viewed 0 times.