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4644-4646 Caroline Ave., Indianapolis, IN 46205





   
 
Property Details
Asking Price $83,500.00Property Type Duplex
Beds2Sq. Footage 1400
Baths4Lot Size
 
Property Description
This property earns rents $1,100.00 monthly and has a 29.84 percent cash-on-cash return.

Cover your investment in two years. After that, you can enjoy the cash flow of $415.33. Raise your net worth by $64,664!

Improvements include but not limited to: Newer windows, new exterior doors, new ceramic tile, refinished hard wood flooring, updated kitchen with new ceramic flooring, cabinets, sink, countertop, and trim. Updated baths with new ceramic tile flooring, new ceramic shower surround, new vanity with sink and faucet, two new decks off the rear of house. Landscaping, new exterior paint, fresh interior paint all new interior lighting. New roof and shingles on detached garage. Its just between Broad ripple and Butler University.

1 Bedroom each Unit.
Level 1 area: 700 per side
Total Bsmt. Area: 700 per side
Approx appraised value: $110-115K Current Total Rent $1100.00 Increase your net worth by more than $70K, cover your investment in 2 years and keep the cash flow of nearly $600 per month afterwards.
 
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