Hey ,
Check this article I was reading today.
Speaking of Downtown North Side, check out this 8-Unit vacant apartment complex in the Fairfield Ave/North College Ave corners of Indy. This building is 3.5 miles north of Downtown and is ready to start renovating right away.
All 8 units are 2bed/1bath with a total of 6,948 sq/ft of living space inside an 8,756 sq/ft lot. Full Rehab needed. Rents in the area average $675 per 2bed units, giving you a possible Rental Gross Income of $5,400.
722 Fairfield Ave Indianapolis, IN, 46205
Purchase Price:
$135,000
Features:
Brick Construction
Initial Repairs:
$90,000-$110,000 (contractor bid)
School:
Indianapolis Public
Closing Costs:
$3,500
Year Built:
1920
ARV
:
$330,000-$360,000
Buy, rehab, rent, and refinance
ALL
of your initial investment back and enjoy $1,300-$1,500 positive cashflow!
OR
Flip
this property and make $60,000-$90,000 depending on how you purchase!
C
lick here for Property Analysis
HERE
More Outside and Inside Pics
HERE
If you are interested and would like to move forward with this purchase please call or text 657-205-9583.
Thank you.
-Carlos
-CFA Investments LLC
NOTICE: Sender is not a United States Securities Dealer, Broker or US Investment Advisor. This communication (including any attachments) is covered by Electronics Communications Privacy Act 18 U.S.C. 2510-2521-2701-2710, 3121-3126, is confidential & legally privileged. Information contained in this E-Mail message is intended for a specific individual(s) & purpose & therefore is protected from disclosure under the Gramm-Leach-Bliley Act Sec. 6801-6809. This electronic transmission is not to be considered a solicitation for any purpose in any form or content, nor an offer to sell or buy securities and/or financial instruments. If you are not the addressee, or the person responsible for delivering it to the addressee, you are hereby notified that reading, disseminating, distributing or copying this message is strictly prohibited. All properties are sold for cash or hard money. Buyer¹s responsibility to do own due diligence and verify all information. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied. All properties subject to errors, omissions, deletions, additions, and cancellations. All properties sold "as is" and "where is" with absolutely no warranties written or oral. Property will not be considered under contract until signed contract and deposit are received.
