Check out this 2 unit home with quick turnover and great cash flow! The roof is approx. 5 years old. Appliances are all about 3 years old. Lower unit is a 2 bed, 1 bath with a bonus room. It currently rents for $900 per month. The upper unit is a 1 bed with 1 bath and rents for $635 per month. The lower unit's lease is up 12/29/21 and the upper unit's is up on 10/31/21. The Owner pays water and sewer bill since property is on one meter. Each unit has its own furnace and AC. The lower unit is a gas furnace and the upper is electric furnace. Home is fully occupied so showings are only allowed from 12-4 on Wednesdays and 1-4 on Sundays.
Based on the average sale price from the Indianapolis, IN office
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
101 South Bancroft Street Indianapolis, IN is a Single Family Home for sale at $165000 and a lot size of 6,403 SqFt Acre(s). 101 South Bancroft Street Indianapolis has 0 bedrooms, 0 baths and was built in 1928. The property's zip code is 46201 which is in Indianapolis, IN
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.