Pending
31 N Linwood Avenue
Indianapolis, IN 46201 (MLS #MBR22053152)
$99,000
Beds
5
Baths
2
Square Ft.
2,960
Description
Investor special! Welcome to 31 N Linwood Ave, a large 5-bedroom, 2-bath home with over 2,300 sq ft of living space and a 588 sq ft unfinished basement, located in the well known Bosart Brown neighborhood on Indianapolis' near eastside. This property is a full-scale rehab project and is perfect for seasoned investors looking for their next flip, BRRRR opportunity, or long-term rental hold. The home needs a complete renovation from top to bottom but offers incredible potential with its generous square footage and flexible layout. Section 8 rental comps suggest this property could generate over $2,500/month, making it a… Read More strong candidate for high cash flow once fully renovated. The spacious backyard includes a gravel parking area for off-street parking, and there's additional upside with the potential to build a carriage house or third unit in the rear (subject to city approval). Located just minutes from downtown and near other revitalizing neighborhoods, this is a rare chance to buy low and build value. Sold as-is, seller will make no repairs. Cash or hard money financing only. Don't miss out on this opportunity to bring new life to a classic near-eastside home-schedule your showing and start planning your next investment move at 31 N Linwood Ave! Read Less
Courtesy of Keller Williams Indpls Metro N.
Days Online
9
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Square Ft.
2,960
Lot Size
0.13 Acres
Year Built
1920
MLS Number
MBR22053152
Appliances & Equipment
Description: "Electric Oven", "Refrigerator"
Basement
Description: "Partial", "Unfinished"
Building
Area: 2372, Architecture: "Traditional", Building Area: 2960, Construction Materials: "Vinyl With Brick", Levels: "Two", Year Built: 1920
Cooling
Details: "None"
Fence
Description: "Partial", "Privacy"
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Forced Air", "Natural Gas"
Laundry
Description: "Main Level"
Lot
Acres: 0.13, MLS Acres: <1/4 Acre
Property
Description: "Not Applicable"
Utilities
Water Source: "Public"
Area snapshot
30 Days Snapshot Of 46201
$234k
(avg) sold price
+11%
26
homes sold
-46%
88
(avg) days on market
-11%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
IPS Butler University Laboratory School 55
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.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
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