New Wholesale Opportunity from 


702 N Drexel Ave

Introducing another cashflow deal exactly two blocks south of Little Flower and the Emerson Theatre in Indy's Grace-Tuxedo neighborhood.

Excellent cash flow opportunity for landlord buyer, or complete repairs and then sell turnkey to your clients.

Currently rented at $680 monthly. But priced at lower rent assumptions!

Also, walk to the Kroger grocery store just up the street!


Asking $25,797 o.b.o

Asking: $25,797
Realtors add your commission on top.
2bed 910 sqft
1bath Recently updated roof
If you've received this email from someone else and you haven't applied for access to my Indianapolis inventory yet at 20% - 70% below market value, then what are you waiting for? Cash buyers and Realtor's who want to determine their own commission please sign up by clicking the link:

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Investment Options:
  1. Buy and hold for your own portfolio and earn a real net 13% cash on cash on your investment! My calculation factors all expenses associated including repairs, future maintenance, vacancy, and property management. Others may advertise a high cap rate, but they don't factor in repairs or other expenses associated with owning a rental property to give you the real cash on cash return.  See Income Details below.
  2. Buy it for $25,797 complete the updates, place property management, and then  sell it turnkey to your clients!

Zillow Rental Comps:

(One or two of the rental comps are duplexes.  This is a single-family house which commands higher rent than a duplex.)

Zillow Rent Estimate $750

Property Highlights:

  • Full Basement
  • Currently Rented at $680 per month
  • Two blocks south of Little Flower
  • Excellent Cash on Cash Return
  • Covered Front Porch
  • Walk to Kroger grocery store 
Turnkey Rental Repair Estimates - $7,500
  • Install Central A/C or Window A/C
  • Power Wash Porch or Paint Brick
  • Power Wash Siding
  • Replace Kitchen Cabinets
  • Paint Kitchen
  • Remove twigs from roof
  • Flooring kitchen and bath
  • Landscaping

Click Here to View Pictures

Access: Buyer gets occupancy at closing. Property is currently occupied, to arrange access Please reply directly to this email to have Ben get you inside to see the house in person.

How To Buy:  Ben's properties sell very fast many times sight unseen. Ben's properties are sold on a first come first serve basis to the best offer.  Ben is open to all offers.

Only Available to Cash Buyers who can close quickly, Buyer always pay all closing costs. Deal is locked up when buyer executes contract and deposits non-refundable $2,500 EMD with Ben's title company.

We use our contract and we don't sign contract until buyers have completed due diligence. Many repeat buyers waive due diligence to secure purchases immediately.

If you're interested and would like to purchase this property, please contact Ben directly to have him send you the purchase agreement. Please email Or you can call Ben directly on his cell: 574-329-3524

Earnest Money Deposit: Non-refundable $2,500 secures purchase.

Attention Realtors: Add whatever fee you’d like on top of our price for your fee if you have a solid cash buyer interested and ready to close.

Ben Grise   //  P - 574-329-3524 //

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*Seller of this property either owns or has equitable contractual interest along with notice of interest recorded with county in the properties marketed.
**All properties are sold for cash or hard money only.  Buyer to verify all information and funds. $2,500 non-refundable earnest deposit is required along with a 14 day or less closing period.
***Seller has exclusively relied upon the information listed within the MLS and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that Seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and Buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is" condition.
****All properties Subject to errors, omissions, deletions, additions, cancellation. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Buyer to verify all material facts including square footage. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller. Buyer to pay all closing costs.

Copyright © 2017 Grise Home and Property Group, LLC, All rights reserved.

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