845 N DEARBORN ST
INDIANAPOLIS, IN 46201
$205,000
0 Beds
0 Baths
N/A Sq Ft
Status Pending
MLS# 21979857
Welcome to your next investment venture! This charming duplex, located at 845 N Dearborn St, Indianapolis, offers an excellent opportunity for savvy investors or homebuyers looking to generate passive income. Key Features: Prime Location: Situated in a desirable neighborhood, this property offers convenience and accessibility to local amenities, schools, and transportation routes. Income Potential: One side of the duplex is currently leased, providing a steady rental income of $995 per month. With one tenant already in place, you can start earning from day one. Versatile Living Space: The other side of the duplex is vacant and ready for occupancy. Whether you're looking to rent it out for additional income or move in yourself, this flexible space offers endless possibilities. Investment Flexibility: Investors have the option to rent out both units for maximum rental income or live in one unit while renting out the other to offset mortgage expenses. Low Maintenance: With separate entrances for each unit, maintenance and management are streamlined, making this property an attractive option for landlords. Investment Potential: Rental Income: The current rental income from one unit provides a solid foundation for immediate cash flow. With the second unit ready for occupancy, you have the potential to double your rental income. Appreciation: Indianapolis' real estate market has shown steady appreciation over the years, offering the potential for long-term capital growth on your investment. Don't Miss Out! Whether you're an experienced investor or a first-time buyer, 845 N Dearborn St presents an excellent opportunity to capitalize on the thriving Indianapolis real estate market. Schedule a viewing today and unlock the potential of this lucrative investment property! Seller IS accepting backup offers.
Details for 845 N DEARBORN ST
Built in 1920
0 parking spaces
Forced Air
23 Days on website
0.11 acres lot