Excellent value-add opportunity in Indianapolis with strong comparable sales and solid upside for investors looking to flip or add to their rental portfolio. đ
This 1959-built single-family home features 3 bedrooms, 1 bathroom, 1,344 square feet, an attached garage, and sits on a 0.18-acre lot.
Property Condition:Â GREAT renovation opportunity on kitchen, bathroom, and cosmetic updates, along with additional improvements to maximize value.
đ§ Major Updates:
- Roof â Replaced in 2016 đ
- Furnace â 2008 đ„
- A/C â 2008 âïž
- Water Heater â 2008 đż
- Older vinyl windows đȘ
- Slab foundation đ§±
đ Attached garage
đ° Market rent of approximately $1,300 per month.
With strong nearby comparable sales, a solid layout, and attractive upside potential, this property offers investors an excellent opportunity in an established Indianapolis neighborhood. đđž
đ Nearby comparable sales include:
- 7533 Placing Rd â 3/1 Sold for $115,000 (as-is)
- 7641 E 35th St â 3/1 Sold for $158,000
- 7638 E 37th Pl â 3/2 Sold for $205,000