2023-03-30 17:09, User_1
Truth Factor: N/A
50-52 N Hamilton Ave, Indianapolis, IN 46201, USA
Claim this property to become verified owner or agent
Property type: ?
Bedrooms: ?
Bathrooms: ?
Receptions: ?
Year built: ?
Total Plot Size: ?
Total Inside Area: ?
Last Sold: MAR 2023
Price: $560000
What can it be sold for now?
AI think: $1,092,492
Users think: N/A
Agents think: $560,000 1 agent(s) valuations found
HPI banks think: $583,110
CHAT:
@properties, Tyler Lingle Agent Valuation of this property is 560,000 USD
Massive cash flowing 9-unit property in a prime urban neighborhood! This property has 9 studio units each equipped with appliances and new flooring / paint. Currently 6/9 units leased. Will be fully leased by closing. Gross rental income at full capacity: $7,785. Eskenazi rental program tenants (screened & paying!). Some have the whole rent paid by the program, some have co-pays. Gross operating income: $74,904 (assuming owner paid utilities and 10% prop management). @ 7.0% cap = $1,070,057. This is your ticket to cash flow.
