Awesome Indianapolis Rental Opportunity
1715 N Alton Ave Indianapolis, IN
$80,000 Cash
This 1784 sq ft home 2/1 SFH built in 1919 only needs a little attention. New carpet in one of the bedrooms, some fresh paint, a repair on a small hole in the roof is all that is needed to be rent ready!
Avg rent per Rentometer for a 2/1 is $1072 or increase your ROI by adding an additional bath which would bring avg monthly rent to $1341 or maximize rent potential to $1619 by converting home to a 3/2!!!
Age of mechanicals are unknown. The only known issue is that the water heater, located in the basement, leaks. The roof is older and still has some life in it once the small hole is patched. This home needs to sell quickly! This price is good for a cash close before the end of the year.
Click here for additional photos and video: Pics 1715 N Alton Ave – Google Drive