507 W 29th Street

Indianapolis, IN 46208 (MLS #22032855)
$600,000
Beds
4
Baths
2
Square Ft.
2,400

Description

Incredible opportunity to acquire a fully rented portfolio of 4 single-family homes, each occupied by long-term Section 8 tenants! This stabilized, cash-flowing package is delivering an impressive 10.6% cap rate based on current income and expenses. 406 S Harlan features 3 bedrooms, 1 bath, and 2,288 sq ft, renting for $1,500/month with $355 in annual taxes. 507 W 29th offers 4 bedrooms, 2 baths, and 1,600 sq ft, earning $1,500/month with $891 in annual taxes. 2605 N Harding provides 3 bedrooms, 1 bath, and 1,056 sq ft, collecting $1,653/month with $1,162 in annual taxes. 2403 N Parker includes 4 bedrooms,Read MoreRead Less
Courtesy of No Limit Real Estate, LLC.
Days Online
162
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
2,400
Lot Size
0.07 Acres
Year Built
1925
MLS Number
22032855
Appliances & Equipment
Description: "None"
Building
Area: 1600, Architecture: "Traditional", Building Area: 2400, Construction Materials: "Brick", "Vinyl Siding", Levels: "One and One Half", Year Built: 1925
Cooling
Details: "Central Air"
Fireplaces
Total Fireplaces: 1
Garage
Garage Spaces: 1
Heating
Heating: "Forced Air", "Natural Gas"
Kitchen
Other Features: Kitchen Some Updates
Lot
Acres: 0.07, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public"

Area snapshot

30 Days Snapshot Of 46208
$0k
(avg) sold price
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homes sold
0%
(avg) days on market
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Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 27
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

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