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6108 Dickson Rd, Indianapolis, IN 46226


   
 
Property Details
Asking Price $54,850.00Property Type Quadraplex
Beds8Sq. Footage
Baths4Lot Size
 
Property Description
* Appraised Value: $120,000.00
* Our Price: $54,850.00, undervalued by $65,150.00
* Monthly rent: $2,000.00
* Increased net worth: $104,683
* Cash-on-cash Return: 148.85 percent
* Net Cash flow $1,360.70

Wholesale four plex, structurally sound, needs mechanical and aesthetic rehab. 40K estimated repairs. Large two bedroom, one bath units. Excellent roof. Market rents over $500 per unit. This building will cash flow at 50 percent occupancy and top over $2K gross income per month.

Located in Warren Township, near schools, shopping, and neighborhood revitalization projects. Many rehabs in the neighborhood. Great rental area. If this project is not for you, let us know what you are looking for. We have hundreds of homes ready and available today. Call us.
 
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