1140 Trowbridge Street

    Indianapolis, IN 46203
    • $100,000
    • STATUS: Active
    • ON SITE: 142 days
    • MLS #: 21682029
    Price Reduced
    UPDATED: 11 min ago
    $100,000
    • 3
      BEDS
    • 0.11
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,790
      SQFT
    • $36
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1920
    County:

    School Ratings & Info

    School District:

    Description

    2 LOTS IN HOT SPOT!! Current a fully rented TRIPLEX!! CASH FLOW CENTRAL!!! Top and bottom this home is beautiful. In between... not so much... except it's a money tree. Michaelis did $10,000+ of foundation work and $30,000 spent on the roof in the last 2 years. Also 2 year old furnace and new and newer window AC units. Long term tenants, one of them about 10 years. Only one has a lease (and it is now month to month). So many options to choose from... remodel and resell, leave it and cash flow like crazy, slowly update and raise rents, on and on. There is nothing pretty about this thing (except the roof and foundation) EXCEPT the cash flow!!

    Monthly Payment Calculator



    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.
    www.davidbrentonsteam.com/homes/101120025

    1140 Trowbridge Street Indianapolis, IN 46203

    • Price: $100,000
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 21682029
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,790
    SQFT
    $36
    $/SQFT
    1920
    Built
    Neighborhood:
    C M Cooper Trs Prospect
    County:
    Marion
    Area:
    4913 - Marion - Center Se
    School District:
    Indianapolis Public Schools
    Property Description
    2 LOTS IN HOT SPOT!! Current a fully rented TRIPLEX!! CASH FLOW CENTRAL!!! Top and bottom this home is beautiful. In between... not so much... except it's a money tree. Michaelis did $10,000+ of foundation work and $30,000 spent on the roof in the last 2 years. Also 2 year old furnace and new and newer window AC units. Long term tenants, one of them about 10 years. Only one has a lease (and it is now month to month). So many options to choose from... remodel and resell, leave it and cash flow like crazy, slowly update and raise rents, on and on. There is nothing pretty about this thing (except the roof and foundation) EXCEPT the cash flow!!
    Exterior Features

    Architectural Style Bungalow/ShotgunTraditonalamerican Association Maintained Bldg Exterior No Exterior Composition Siding Cement Foundation Basement-BrickCrawl Brick Garage Yes Garage Parking Description Detached Garage Spaces 2 Lot Information Sidewalks Lot Size 0.11 AC

    Interior Features

    Appliances Cook Top GasOven/Range-GasRefrigerator Basement Yes Basement Description CellarPartialUnfinished Baths Total 3.00 Cooling Window Unit(S) Eating Area Dining Combo/Kitchen Equipment Not Applicable Fireplaces 0 Fuel Gas Full Baths Basement 0 Full Baths Main 2 Full Baths Upper 1 Half Baths Basement 0 Half Baths Main 0 Half Baths Upper 0 Heat Forcedair Interior Hardwood Floors Main Level Sq Ft 1362 Percent Optional Level Finished 0-25% Rooms Total 14 Square Foot Main Upper 2076 Upper Square Foot 714

    Property Features

    Contingency Act With No Contingency Direct Soliciting No Disclosures Not Applicable Inspection Warranties Not Applicable Levels 2 Levels New Construction No Other Disclosures As-IsCosmetics NeededFixer UpperSales Disclosure Supplements Ownership Interest Types Noassoc Possession AtclosingTenantrights Possible Financing ContractConventionalInsuredconventionalRehab/203K Primary Sewage Municipal Sewer Connected Primary Water Source Municipal Water Connected Property Attached YN No Property Sub Type Single Family Semi Annual Property Tax Amount 746 Tax Exemption None Tenant Pays Rent OnlyNoutil Township Center Se Transaction Type Sale Water Heater Gas

    Listing provided courtesy of Simplify Real Estate. © 2020 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.
     
    David Brenton's Team
    4741 E Stop 11 Rd.
    Indianapolis IN, 46237