1808 Nichol Avenue, Anderson, IN 46016
- 2 beds |
- 1 bath |
- 1,136 sqft
Single-Family Home
Built in 1929
6,098sqft lot
—— car garage
$48/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Anderson Elementary School
2035 Raible Ave, Anderson, IN, 46011
Grades KG-4
0.77 miles away
Compass Alternative School
2010 Brentwood Dr, Anderson, IN, 46011
Grades 7-10
0.84 miles away
Compass Alternative School
2010 Brentwood Dr, Anderson, IN, 46011
Grades 7-10
0.84 miles away






