$59,000

1612 Cincinnati Avenue, Anderson, IN 46016

3 beds |
2 baths |
1,080 sqft

Single-Family Home
Built in 1900
9,583sqft lot
2 car garage
$55/sqft
Listed 16 days ago

Property Description

Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $800/mo (HUD - tenant pays utilities) - well over the 1% rule!! The home sits on a corner lot and has 3 bedrooms, 1.5 bathrooms, and just over 1000sq ft of finished living space. Detached 2 car garage. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.

Listing Status:: Active
Listing Office:: Keller Williams Indpls Metro N : 317-450-9202
Listing Agent:: Peter Stewart : 317-450-9202
MLS ID:: 22075418

General: Attic AccessEat-in Kitchen
Appliances: Electric OvenRefrigerator
A/C: Central Air
Heating: Forced AirNatural Gas
Fireplace: Fireplaces: 0

Style: Ranch
Other Structures: Covered
Parking: Detached

General: OneBlock

Originating MLS: mibor
School District: Anderson Community School Corp
County: Madison

Zoning: Jacksons Ol 0.0000Acres Str: 00000 Section: Plat: 41 In: Out:481218204024000003

Water: Public

Source: mibor

This listing courtesy of Peter Stewart, Keller Williams Indpls Metro N

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Tenth Street Elementary School

3124 E 10th St, Anderson, IN, 46012

Grades KG-4

1.69 miles away

Compass Alternative School

2010 Brentwood Dr, Anderson, IN, 46011

Grades 7-10

2.59 miles away

Compass Alternative School

2010 Brentwood Dr, Anderson, IN, 46011

Grades 7-10

2.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.