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$137,500 (Sold)

29102916 Winthrop Avenue Indianapolis, IN 46205

Property Description
*INVESTOR ALERT!* Unique opportunity to buy 2 duplexes that neighbors. 2 duplexes, with 4 separate units total. Each unit has 1 bedroom, 1 bath & a basement for laundry and storage. Currently 2 units are rented for a total of $1,200. The owner is moving out of the southern unit that has a nicely finished side that would rent for $750-$850, & 1 gutted side that would rent for $850-$950 when finished. End goal would be to flip all tenants separately with the ability to fix up the units while still bringing in income. 1-3 year goal would be $1,000 per unit, bringing in $4,000 in rents monthly. The neighborhood currently has 8 rehab projects. The neighbor to the south just finished a remodel and listed for $394,200.
Address:29102916 Winthrop Avenue Indianapolis IN 46205
Status:Sold
Sold On: 3/20/2020
Price:$137,500
Bathrooms:0
Year Built:1910
Lot Size:0.13
County: Marion
Township: Center NE
MLS #:21696592
Property Type:1-4 Units Residential

Lot Dimensions:5,445
Lot Features:Access Alley, Access Street, Curbs
Building Utilities:Electric, Sewer, Water, Cable Available, Municipal Sewer Connected, Municipal Water Connected
Directions:Take 30th street to Winthrop and go south to the properties on the right
Basement:Yes
Loan Price
$882
Price And Interest $717/month
Property Tax $108/month
MTG INS $0/month
HOME INS $57/month
Price
$137,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$108/month
Home Owner Insurance
$684 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Ryan Schulte
Ryan Schulte

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$646
Tax Year:2018
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Area: 4912 - Marion - Center Ne
Subdivision: NO SUBDIVISION
Zip Code:46205
Exterior Type:Brick
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of Indy Home Shop LLC.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.