Anderson, IN 46016,2203-2205 George ST
Anderson, IN 46016,2203-2205 George ST
Anderson, IN 46016,2203-2205 George ST
Anderson, IN 46016,2203-2205 George ST
Anderson, IN 46016,2203-2205 George ST
Anderson, IN 46016,2203-2205 George ST
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Listed by Jordan Ice • Fair Market Value Investment Sales

$51,000

$55,000

7.3%
Est.Price: ?

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Est. payment /mo

5,662 Sqft Lot


SOLD DATE : 04/24/2024

Key Details

Sold Price $51,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Jacksons Outlot

MLS Listing ID 21964988

Sold Date 04/24/24

Year Built 1895

Tax Year 2023

Lot Size 5,662 Sqft

Acres 0.13

Property Description

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: Only cash offers will be considered Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) 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 $1,736 for both sides. 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 buyer must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to distressed conditions 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.

Location

State IN

County Madison

Interior

Fireplace N

Building

Story One

New Construction false

Schools

Middle Schools Highland Middle School

School District Anderson Community School Corp

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