FIX/FLIP, BUY/HOLD HIGHLY SOUGHT AREA
107 White Street Shirley, IN 47384
$65k
This 1530 sq ft SFH built in 1950, would be a great investment as a fix and flip or buy and hold. It has new doors, new furnace, new water heater, new vinyl windows and all new electric service in the 21’ x 24’ garage. As a rental, the house would need a new roof, flooring, paint, drywall work and some additional lipstick. As a flip, it would also benefit from a new roof on the garage and new siding. This house has 4 bedrooms, one full bath, room for up to 2 additional bathrooms, a 1 car detached garage, a covered front porch, and 2 concrete patios, one adjacent to house, one behind the garage. Property is located in Hancock County which is the 5th fastest growing county in Indiana. Located close to the popular city of Greenfield, this offers the quiet of a rural area with close proximity to larger cities. The school system has a very good reputation. The current owner is selling due to financial hardship. ARV is $180k and rentals go quickly! Average anticipated rent for 4/1 within 20 miles is $1850+. Please click on link for additional pictures. Pics 107 White St Shirley, IN – Google Drive
COMPS
- 702 Lee St .20 mi 3/1.5 1,249 1961 08/05/2024 $185,000 $148.12
- 212 Illinois St .15 mi 3/1 1,666 1975 06/06/2024 $185,000 $111.04
- 605 Main St .47 mi 3/2 1,599 1975 11/22/2023 $150,000 $93.81