CASH-FLOWING 3 PACK IN MARION, IN
DISCOUNTED PURCHASE PRICE FOR PORTFOLIO $93k
1509 S. Washington Street Marion, IN
Individually Priced $40k OBO
940 Sq. ft. 2/1 SFH was built in 1900. There is a small fenced-in backyard. Siding needs a good cleaning. Long-term mo2mo tenants who want to stay paying below market rent $450 per month. No where to go but up from here! According to Rentometer, avg rent rate is $678 up to $723, PropStream rental rate $779, and Zillow Zestimate $850.
Click here for additional pictures: Pics 1509 S Washington St Marion, IN – Google Drive
3625 South Felton Street Marion, IN
Individually Priced $35k
864 Sq. ft 3/1 was built in 1960. Good sized backyard. This is on the same water/sewage lines as 3627 S. Felton. Long- term mo2mo tenants who want to stay, paying below market rent $400 per month. According to Rentometer, avg rent rate is $590 up to $726, PropStream rental rate $734, and Zillow Zestimate $859.
Click here for additional pictures: Pics 3625 S Felton St Marion, IN – Google Drive
3627 South Felton Street Marion, IN
Individually Price d $35k
768 Sq. ft 3/1 was built in 1972. Good sized backyard. This is on the same water/sewage lines as 3625 S. Felton. Long- term mo2mo tenants who want to stay, paying below market rent $400 per month. According to Rentometer, avg rent rate is $578 up to $693, PropStream rental rate $623, and Zillow Zestimate $907.
Click here for additional pictures: Pics 3627 S Felton St Marion, IN – Google Drive
WHY MARION?
Marion is one of the best cities for rentals in Indiana. The demand is high, and the supply is low. As the city grows, the demand gets even greater! Houses are being renovated all over this city. These rehabbed homes are increasing the comps in the area. As more properties are renovated, the value of your property will continue to increase along with your equity. The Mayor is focusing on creating a city that attracts new families and retains those currently living in this small town which is conveniently located between Indianapolis and Fort Wayne. GM has committed to $481 million dollars to help grow commerce and increase jobs. Get in while the getting is good and before the secret is out!
PROPERTY MANAGEMENT AND CONSTRUCTION CREWS AVAILABLE
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