5 Bdrm Indy Buy & Hold Lipstick Only
2707 Heatherlea Court Indianapolis, IN
$135k OBO
This amazing 5 Bdrm/1 Bath SFH home built in 1981 provides instant equity and fantastic ROI! This 1196 sq ft home is a slam dunk featuring a new roof, beautiful siding and a huge fenced in backyard with a mini barn. The outside is in excellent shape and needs nothing!
The inside only needs lipstick. Needs include new carpet or other type of flooring, walls need fresh paint and there are a few small touch ups throughout the house. Rent ready in under 10k.
The water heater was installed in 2024, and the age of the other working mechanicals is unknown. There is plenty of room to add an additional full bathroom if desired.
The property is located just down the street from a large community park with lots of things for both children and adults including a splash pad. The school district is Warren Township.
This is one of the best homes that I have had due to the owner’s proactive approach to maintenance, number of bedrooms, rent potential and low price.
Rental Rates Per Rentometer:
4/1.5+ Avg Rent Rate $1890
***Based on twenty-two 4 bdrm 1.5 or more bath within 1.5 miles.
5/1 Avg Rent Rate $2573
***Based on six 5 bdrm single bath within 10 miles.
Click here for additional photos and video: Pics 2707 Heatherlea Ct – Google Drive