CASH-FLOWING PORTFOLIO WITH POTENTIAL TO GO FROM 1% RULE UP TO 3%!!!
DISCOUNTED PRICE OF $289,500 FOR PURCHASE OF ALL 9 DOORS
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!
RENTAL INFORMATION
All properties are cash-flowing with long-term happy Mo2Mo tenants paying below market and who want to stay. Current rent total for 9 pack is $3,325.00 (8 of 9 are rented Wiley was just vacated). Avg market rent is $5771-$7312. (Rental info has been gathered from Rentometer, Zillow and PropStream.)
911 NORTH BRANSON STREET MARION, IN
Individually Priced $30k
This 575’ 2/1 SFH was built in 1965. Property features a wheelchair ramp, carport, large yard, and a shed for extra storage. 911, 915, and 917 North Branson sit side by side. Long-term mo2mo tenant pays $315. Rentometer avg rent for 2/1 is $672 up to $716, Zillow rent is $749, and Propstream is $608.
Please click here for additional pictures: Pics 911 N Branson St Marion, IN – Google Drive
915 NORTH BRANSON STREET MARION, IN
Individually Priced $30k
This 796’ 2/1 was built in 1949 and has an over-sized 1 car garage. This has an extra room that could easily be converted into a 3rd bedroom. Property features original hardwood floors and a large yard. 911, 915, and 917 North Branson sit side by side. Long-term mo2mo tenant pays $315. Rentometer avg rent for 2/1 is $672 up to $716, Zillow rent is $749, and PropStream is $777.
Please click here for additional pictures: Pics 915 N Branson St Marion, IN – Google Drive
917 NORTH BRANSON STREET MARION, IN
Individually Priced $40k OBO
This 612’ 2/1 was built in 1940. Property features large yard and shed for additional storage. 911, 915, and 917 North Branson sit side by side. Long-term mo2mo tenant pays $450. Rentometer avg rent for 2/1 is $672 up to $716, Zillow rent is $749, and PropStream is $631.
Please click here for additional pictures: Pics 917 N Branson St Marion, IN – Google Drive
2316 WEST 11TH STREET MARION, IN
Individually Priced $45k OBO
This 924’ 2/1 was built in 1911. Property features huge backyard and detached garage. Long-term mo2mo tenant pays $500. Rentometer avg rent for 2/1 is $664 up to $706, Zillow rent is $760, and PropStream is $717.
Please click here for additional pictures: Pics 2316 W. 11th St Marion, IN – Google Drive
2120 WEST 10TH STREET MARION, IN
Individually Priced $38k
This 832’ 3/1 was built in 1950. Property features basketball court in backyard. Long-term mo2mo tenant pays $450. Rentometer avg rent for 3/1 is $678 up to $723, Zillow rent is $850, and PropStream is $835.
Please click here for additional pictures: Pics 2120 W 10th St Marion, IN – Google Drive
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
525 EAST WILEY STREET MARION, IN
PRICED $37K OBO
This 1284’ 3/1 was built in 1920. Property features large fenced-in backyard and covered patio. Just vacated. Rentometer avg rent for 3/1 is $672 up to $716, Zillow rent is $859, and PropStream is $861.
Please click here for additional pictures: Pics 525 E Wiley – 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
PROPERTY MANAGEMENT AND CONSTRUCTION CREWS AVAILABLE
PLEASE CALL, TEXT, OR EMAIL LISA FOR ADDITIONAL INFORMATION ABOUT THESE PROPERTIES AND OTHER AVAILABLE PORTFOLIOS
317-501-5336