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New Wholesale Opportunity from InvestWithBen.com 


Walk to Fountain Square
Flip or Rental Opportunity


720 Lincoln St, Indianapolis, IN 46203, USA


Bates-Hendricks Neighborhood!


A fantastic flip opportunity or buy and hold this 2 unit Double located in the heart of Bates-Hendricks. This wholesale deal is ideal for the new or seasoned investor who's looking for great cashflow in a appreciating neighborhood, or a flip project in a hot downtown neighborhood. No structural or foundation work needed!

This property and neighborhood is also ideal for a long-term buy and hold investor looking for a rent ready home in a phenomenal downtown neighborhood. Appreciation expected to continue at a double digit pace over next several years.

$99,000

$99,000

bed
1.5  bath downstairs
1882 sqft
1  bed
bath upstairs

 
2 Car Garage
 
Click Here to View Pictures


3-4 BR RENTAL COMPS:






1 Bed Rental Comps:







Rentometer: 


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Flip where HGTV's Good Bones show is flipping houses

FLIP ARV: $230,000 -$240,000+
All comps have less bedrooms than this house could accommodate and these comps have low days on market!) 

FLIP COMPS:





Investment Options:
  • Buy and Hold for Your Own Portfolio with cash, then do cash out refi to produce a significant cash on cash return and have instant equity and pull a big chunk of your cash back out.  
  • Bank Refinance Appraisal at $120,000 in 2015. Prices have increased tremendously since 2015 in Bates Hendricks, so instant equity enabling you to pull a lot of cash back out. View 2015 Appraisal: Click Here
  • Tremendous Flip Opportunity
Property Highlights: 
Bates-Hendricks neighborhood 
Exceptional Rental and Sale Comps
Double Digit Appreciation expected to continue
Detach 2 Car Garage
Instant Equity
Basement
Minor Updates to make it a nice rental
Roof and siding in good shape. 

Repairs

Rental: It was rented when purchased so rent ready, but $15,000 to make nice!

Retail Flip: $40,000 - $50,0000

See Pictures and Video Walkthrough to come up with your own Repair Estimates by visiting the link below.

Click Here to View Video and Pictures

Access: For access Please text Collin at 765-506-2464 or respond directly to this email to have us get you inside.

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 highest and best offer. 1st person to sign Ben's Purchase Agreement and deposit the $2,500 non-refundable Earnest Money Deposit locks up the deal. Ben is open to all offers.

If you're interested and would like to purchase this property, please respond directly to email or download our purchase contract on our website and send back via email to make an offer.

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 buyer interested and ready to close.

Serious cash buyers only. 2,500 non-refundable deposit upon acceptance.


Ben Grise   //  P - 574-329-3524 // InvestWithBen.com

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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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