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  • $45,000

    1124 Home Ave, Anderson, IN 46016

    3beds
    1,476sqft
    Residential, Single Family Residence
    Built in 1924
    2,178 Square Feet Lot
    $48,600 Zestimate®
    $30/sqft
    $1,050 Estimated rent

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    What's special

    Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. All showings require proof of funds, no exceptions. Financing Type: Cash, Conventional Financing Keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Current Status: Vacant Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,468. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to limited access. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Property is being sold as-is. Package: 2203-2205 George St (Duplex), 1818 Broadway, 1405 W 4th St, 1202 Home Ave, 1124 Home Ave, 1304 E 27th St, 125 E 35th St, 2939 Columbus Ave. All investment properties can be bought as a package or individually. See MLS listings.

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2024 at 08:52am

    Listing Provided by:

    Jordan Ice jordanice@fmvrei.com,

    Fair Market Value Investment Sales

    Bought with:

    Stuart Houghton

    Keller Williams Indy Metro S

    Source: MIBOR as distributed by MLS GRID,MLS#: 21965050MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Other
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 2
    • Features: Other
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 3
    • Features: Other
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Other
    Features
    • Windows: Windows Vinyl
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Other
    Interior area
    • Total structure area: 1,476
    • Total interior livable area: 1,476 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 2,178 sqft
    Details
    • Parcel number: 481113101125000003
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Residential, Single Family Residence
    Materials
    • Other
    • Foundation: See Remarks
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Water: Other

    Community & neighborhood

    Location
    • Region: Anderson
    • Subdivision: Fletcher & Williams
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    Estimated market value
    $48,600