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🏡 2-Bedroom Home on 6 Lots — Strong Flip or Rental Opportunity 💰 – 503 N Massachusetts Ave, Alexandria, IN 46001 For Sale

  • $23,000
  • 2 beds
  • 1 baths
  • 1395 sqft
This 2-bedroom, 1-bath single-family home presents a solid opportunity for your next flip or rental addition. With 1,395 sq ft of living space, the layout is practical and easy to optimize for future buyers or long-term tenants.

✨ Major mechanicals are already handled:

  • Furnace — 2 years old 🔥
  • A/C — 2 years old ❄️

These big-ticket updates reduce upfront rehab costs and let you focus your budget on cosmetic improvements where the real ROI lives 🎯

🧱 Crawl space foundation — straightforward, manageable
🚗 No garage, but plenty of room to add parking or storage
🌳 0.88-acre lot (6 lots!) — rare space that adds flexibility, value, and future upside

Located in a quiet Alexandria neighborhood, this property offers land, livable square footage, and updated systems—a strong combination for investors looking to maximize return 📈

Recent Neighborhood Comps
1211 W Monroe St – sold As-IS for 65k (3/1,1,108 SF)
1090 W Van Buren St – sold 200k (2/1,1,201 SF)

Please do not disturb the occupants. Contact us for access details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$23,000
Address:
503 N Massachusetts Ave
Alexandria, Indiana 46001
Square Feet:
1395
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1981

Call 317.653.6245 for more details

Property Location