$54,900

1808 Nichol Avenue, Anderson, IN 46016

  • 2 beds |
  • 1 bath |
  • 1,136 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $48/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investor Alert! Don't miss this great value-add single family home located near downtown Anderson. Once renovated it should rent for above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. Just over 1100sq ft of finished living space. There is also an unfinished basement - great for extra storage, a workout area, workshop, etc. Property also has a large concrete pad in the back for dedicated off street parking. It is currently vacant. 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. Whether you're looking to expand your portfolio with a value-add cash-flowing rental or prefer a BRRRR or flip 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. Cash or hard money only due to condition.

Listing Status:
Pending
Listing Office:
Keller Williams Indpls Metro N : 317-450-9202
Listing Agent:
Peter Stewart : 317-450-9202
MLS ID:
22072985
  • General: Hardwood Floors
  • Appliances: Gas OvenRefrigerator
  • Laundry: Connections AllMain Level
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced Air
  • Style: Ranch
  • Other Structures: Covered
  • Parking: Alley AccessOther
  • General: OneBlock
  • Originating MLS: mibor
  • School District: Anderson Community School Corp
  • County: Madison
  • Zoning: Wickershams Exc 3.2'X75.5' Sw Pl:5-1 0.0000Acres Str: 00000 Section: Plat: 05 In: Out:481114201098000003
  • 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

A

Anderson Elementary School

2035 Raible Ave, Anderson, IN, 46011

Grades KG-4

0.77 miles away

C

Compass Alternative School

2010 Brentwood Dr, Anderson, IN, 46011

Grades 7-10

0.84 miles away

C

Compass Alternative School

2010 Brentwood Dr, Anderson, IN, 46011

Grades 7-10

0.84 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.

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