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CASH-FLOWING BUY AND HOLD 1509 S WASHINGTON ST MARION, IN Sold

  • $38K OBO
  • 2 beds
  • 1 baths
  • 940 sqft

1509 SOUTH WASHINGTON STREET MARION, IN

INDVIDUALLY PRICED $38K OBO

DISCOUNTED PACKAGE PRICE FOR PURCHASE OF 10 DOOR PORTFOLIO

$318K

940 Sq. ft. 2/1 SFH was built in 1900. Extra large kitchen. 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 photos:  Pics 1509 S Washington 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

PLEASE CALL, TEXT, OR EMAIL LISA FOR ADDITIONAL DETAILS ON THIS AND OTHER AVAILABLE PORTFOLIOS.

 

Price:
$38K OBO
Address:
1509 S Washington St
Marion, IN
Square Feet:
940
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1899

Call (317) 501-5336 for more details

Property Location