SOLD. $53,000 INDIANAPOLIS, Recommended. Great Tenanted Duplex. 19% Net Yield
- Price: 53000.00 $
- Bedrooms: 6
- Bathrooms: 2
- Size (M2): 109
SOLD. Ref: CZIN47 Seriously!!!!!!!!!!! The seller has just reduced this money machine to an unbelievable price. This is a great buy. Refurbished and tenanted already.
This well proportioned side by side duplex was built in 1935 and is located in a popular district just to the south of Brookside Park and enjoys easy access to a number of schools/colleges, shopping centers and recreational facilities. Zillow predicts prices in the area will increase by 3.7% in the next 12 months.
It totals 1,176 square feet on a lot of 2,552 square feet and benefits from a basement.
This property is priced to sell now so please contact us as soon as possible for additional information.
Reserve this now and start collecting income from day one!
Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!
Purchase Price: $53,000
Fixed Closing Costs: $2,500
TOTAL OUTLAY: $55,500
RENTAL INCOME: $14,400
Property Taxes: $1,600
TOTAL OUTGOINGS: $3,880
NET INCOME: $10,520
THE NET YIELD IS THEREFORE A FANTASTIC 19%
Please contact us for further information or to reserve this property.