Turnkey Cash-Flow Rental - Exceeds 1% Rule Asking Price: $145,000 Current Rent: $1,500/month + $200/month pet fee Total Monthly Income: $1,700/month Property Details 2 Bedrooms 1 Bathroom 1,470 total sq ft 735 sq ft main level 735 sq ft basement… Read More Built in 1956 Investment Highlights Exceeds the 1% rule Strong in-place cash flow Tenant in place Turnkey opportunity Recent Updates New flooring throughout Updated kitchen and appliances prior to current tenant placement New gas lines New plumbing Updated bathroom fixtures New water heater Roof approximately 10 years old Why This Deal Works Immediate cash flow with additional pet fee income Solid rent-to-price ratio Larger total square footage with basement space Minimal deferred maintenance based on recent updates. Read Less
Courtesy of AMR Real Estate LLC, 317-654-2494.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,470
Lot Size
0.16 Acres
Year Built
1956
MLS Number
22090608
Additional Details
Appliances & Equipment
Description: "Gas Oven", "Refrigerator"
Basement
Description: "Partially Finished", "Full"
Building
Area: 918, Architecture: "Bungalow", Building Area: 1470, Construction Materials: "Aluminum Siding", Levels: "One", Year Built: 1956
Cooling
Details: "Wall Unit(s)"
Heating
Heating: "Forced Air", "Natural Gas"
Lot
Acres: 0.16, MLS Acres: <1/4 Acre
Utilities
Water Source: "Private", "Public"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.”
Based on information submitted to the MLS GRID as of ,
Confirm your time
Fill in your details and we will contact you to confirm a time.