2910-2916 Winthrop Avenue

    Indianapolis, IN 46205
    • $137,500
    • STATUS: Pending
    • ON SITE: 32 days
    • MLS #: 21696592
    Under Contract
    UPDATED: 63 min ago
    $137,500
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    School District:

    Description

    *INVESTOR ALERT!* Unique opportunity to buy 2 duplexes that neighbors. 2 duplexes, with 4 separate units total. Each unit has 1 bedroom, 1 bath & a basement for laundry and storage. Currently 2 units are rented for a total of $1,200. The owner is moving out of the southern unit that has a nicely finished side that would rent for $750-$850, & 1 gutted side that would rent for $850-$950 when finished. End goal would be to flip all tenants separately with the ability to fix up the units while still bringing in income. 1-3 year goal would be $1,000 per unit, bringing in $4,000 in rents monthly. The neighborhood currently has 8 rehab projects. The neighbor to the south just finished a remodel and listed for $394,200.

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    © 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/103485869

    2910-2916 Winthrop Avenue Indianapolis, IN 46205

    • Price: $137,500
    • Status: Pending
    • Updated: 63 min ago
    • MLS #: 21696592
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1910
    Built
    Neighborhood:
    No Subdivision
    County:
    Marion
    Area:
    4912 - Marion - Center Ne
    School District:
    Indianapolis Public Schools
    Property Description
    *INVESTOR ALERT!* Unique opportunity to buy 2 duplexes that neighbors. 2 duplexes, with 4 separate units total. Each unit has 1 bedroom, 1 bath & a basement for laundry and storage. Currently 2 units are rented for a total of $1,200. The owner is moving out of the southern unit that has a nicely finished side that would rent for $750-$850, & 1 gutted side that would rent for $850-$950 when finished. End goal would be to flip all tenants separately with the ability to fix up the units while still bringing in income. 1-3 year goal would be $1,000 per unit, bringing in $4,000 in rents monthly. The neighborhood currently has 8 rehab projects. The neighbor to the south just finished a remodel and listed for $394,200.
    Exterior Features

    Architectural Style Ranch Exterior Brick Lot Information Access AlleyAccess StreetCurbs Lot Size 5445 Unit Parking Parking LotUnpaved

    Interior Features

    Basement Yes Baths Total 0.00 Building Information Smoke Alarm Building Levels One Laundry Connections All Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricSewerWaterCable AvailableMunicipal Sewer ConnectedMunicipal Water Connected Conversion No Direct Soliciting No Disclosures Not Applicable Expenses 0 Gross Operating Income 0 Inspection Warranties Not Applicable Net Operating Income 1700 New Construction No Other Disclosures Sales Disclosure On File Possession Negotiable Property Attached YN No Property Sub Type 1-4 Units Residential Semi Annual Property Tax Amount 646 Tax Exemption HomesteadtaxexemptionMortagetaxexemption Tenant Pays All Utilities Township Center Ne Transaction Type Sale

    Listing provided courtesy of Indy Home Shop Llc. © 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