2409-11 S Lockburn Street, Indianapolis, IN 46241
- $179,900
- $189,900
- $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
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Address: 2409-11 S Lockburn Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46241
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Area: No Subdivision
Details
Updated on October 16, 2024 at 10:03 pm-
Property ID 21984458
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Price $179,900
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Land Area 0.12 Acres
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Garages 2
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Garage Size x x
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Year Built 1940
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Property Type Duplex, Residential Income
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Property Status Closed
Additional details
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Roof Asphalt
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County Marion
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Property Type Residential Income
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Parking Detached
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