🍅 ALEXANDRIA SUBURB “Worth Squeezing Into Your Portfolio!” | 21 W 1st St, Orestes, IN 46001 For Sale

🍅 RIPE ORESTES INVESTMENT OPPORTUNITY! 🍅

This one is ripe for the picking! Located in the hometown of Red Gold, this 3-bedroom, 1.5-bathroom single-family home offers investors a low entry price, solid rental potential, and comparable sales in the $155K+ range.

Built in 1960, this 1,136 sq ft home sits on a 5,740 sq ft lot in the Powells neighborhood and features an attached garage.

🏡 Property Condition:

Grandparents House — offering a great opportunity to add value and bring this home back to life!

🔧 Property Features:

• Attached garage
• Crawl-space foundation
• Roof — approximately 20 years old
• Furnace — approximately 6 months old
• A/C — approximately 6 months old
• Water heater — approximately 6 years old
• Vinyl windows, including 2 newer windows
• City water & sewer
• CenterPoint gas
• Indiana Michigan electric

💰 Estimated Market Rent: $1,000/month

🍅 A juicy investment opportunity in the heart of Orestes — don’t let this one get ketchup with the competition!

📈 Nearby Comparable Sales:

• 41 Sycamore St – 3 Bed / 2 Bath, 1,196 SF – Sold for $155,000 (As-Is)
• 42 N Leota St – 3 Bed / 2 Bath, 1,527 SF – Sold for $155,000 (As-Is, 3 DOM)
• 408 N Superior St – 3 Bed / 1 Bath, 1,080 SF – Sold for $159,900 (18 DOM)

Please do not disturb the occupants. Contact us for access details.

Property Disclosure

All properties are sold AS IS, WHERE IS. Buyers are responsible for completing their own inspections and due diligence prior to purchase. Properties are awarded to the highest and best offer.To secure an accepted contract, we require $5,000 non-refundable earnest money for cash purchases or $10,000 non-refundable earnest money when using hard money financing. Buyer is responsible for all closing costs, including the owner’s title insurance premium, and assumes any taxes due in November or May. Information provided is believed to be accurate but is not guaranteed. Buyers should independently verify all information before submitting an offer. To schedule a showing or submit an offer, reply to this email or call/text (317) 653-6245.

Agents: We welcome working with Realtors. Please add your commission on top of the advertised purchase price.