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New Cashflow Wholesale Opportunity from InvestWithBen.com 

Duplex
Walk to Garfield Park!

1206 Finley Ave, Indianapolis, IN 46203, USA

Indianapolis duplex near up and coming Garfield Park needing some updates. Gross rents of $1,000. Conservative expense estimates for added peace of mind for our buyer!

$31,595

Wholesale Price: $31,595

1 bed per unit

724 sqft per unit

1 bath per unit Basement for each unit
To See Pictures or Click Here

This wholesale opportunity provides investors with a duplex with one side occupied that needs some repairs to make turnkey and to lower your future CapEx costs. This property has been priced to allow for generous cash on cash returns and good cashflow even after all expenses are factored in! This property meets the 2% rule and is in the path of development:

Walk half a block to the new Indy Red line when the project is complete!

A lot of money being invested into this neighborhood. 

This opportunity won't last long and is priced for net cash on cash returns in the teens even after repairs and every single expense is accounted for.

Investment Options:
  1. Buy and Hold for Your Own Portfolio - Beat the mythical 2% rule and earn generous cash on cash returns even after factoring in all expenses. Ask about our project management referrals available by request for repairs. Keep the equity in your pocket
  2. Buy and sell as a turnkey investment to your clients once the updates are complete earning you a health profit for your Indianapolis turnkey business.
  3. Buy, Rehab, Rent, Refi some cash back out to increase cash on cash returns commonly knows as the BRRR investment strategy. 
Priced at $500 Rent Per Unit:

 

1/1 Rental Comps


Property Highlights: 

  • New Furnace and Water Heater in one unit
  • Walking distance from Garfield Park
  • Close to I-65 intersection
  • Updated Roof
  • Located near Big Car's Big Plan
  • Large Units, could be 2 bedroom, but have to walk through one room to get to another so better used as dining room

Turnkey repair Estimates of $17,500 depending on your resources: 

  • New Furnace needed in one unit
  • Update Water Heater in one unit
  • New window AC unit for both units
  • Update appliances in both unit
  • Dry-wall fixes and patch work
  • Install vent fans in both bathrooms
  • Paint exterior siding 
  • Interior paint
  • Flooring updates
  • Deep Clean
  • Update bathroom 

Access: Property is occupied by tenants To arrange access Please email us by replying directly to this post or at sales@investwithben.com with property address in the subject line.

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

If you're interested and would like to purchase this property, please contact Ben directly to have him send you the purchase agreement or click submit offer button above .

To inquire further email: sales@investwithben.com

Earnest Money Deposit: Non-refundable $2,500 secures purchase before anyone else. Must close within 14 days.

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



Ben Grise   //  Sales@InvestWithBen.com // InvestWithBen.com

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*Seller of this property either owns or has equitable contractual interest along with Notraized 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 15 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. Seller makes no guarantees that tenants are honoring terms of leases on tenant occupied properties. 
 
****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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