The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, according to rentometer.com the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
Listing courtesy of AMR Real Estate LLC.
Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®