2409-11 S Lockburn Street, Indianapolis, IN 46241
  • $179,900
  • $189,900

Description

Property to be sold AS-IS. Fully occupied & Cash Flowing Duplex available in the Mars Hill area of Indianapolis. Both sides have 2 bedrooms, & 1 bathroom with 1092sf living space and an unfinished basement. Units are renting for $1050/mo and $1100/mo with leases until Feb and March 2025. Tenants pay utilities. 2 car split garage behind the property gives each tenant one garage spot as well as ample street parking. Recent upgrades include appliances, kitchen cabinets (in one unit), new carpet & paint, new furnace, & replaced sewer line. Property still needs some repairs, and is in great condition for it’s age. Perfect 1% rule rental that should qualify easily for a conventional or DSCR financing. Perfect addition to add 2 rental units to your investment portfolio to grow your cash flow and wealth!

  • Address: 2409-11 S Lockburn Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46241
  • Area: No Subdivision

Details

Updated on October 16, 2024 at 10:03 pm
  • Property ID 21984458
  • Price $179,900
  • Land Area 0.12 Acres
  • Garages 2
  • Garage Size x x
  • Year Built 1940
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Asphalt
  • County Marion
  • Property Type Residential Income
  • Parking Detached

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Contact Information

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Preeti Chaggar

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