Description

Welcome to a beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square’s vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, this home was rebuilt with quality, comfort, and modern living in mind. Currently operating as high-performing mid-term furnished rental and corporate housing (1 to 6 month stays) with high ROI, this property can be used as a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rental. Preference is to sell this home as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses) and 1525 Kennington (duplex with 3br/2ba townhouses) – a total of 15 units producing high revenues. The duplex at 1525 Kennington is the neighboring property to this home.