$55,000
$60,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
975 SqFt
SOLD DATE : 09/16/2024
Key Details
Sold Price $55,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 975 sqft
Price per Sqft $56
Subdivision Belvidere
MLS Listing ID 21965069
Sold Date 09/16/24
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1948
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. 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 46013 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,140 for 2 Beds. Listing Broker has a spreadsheet with underwriting analysis on investment property (PDF copy of the underwriting on file). Please note: All financial projections and data are based on available information and should be independently verified by the buyer. Property is being sold as-is. Reach out to listing broker with any questions or to receive a copy of the investment underwriting analysis. Property is vacant and showings will automatically be approved through BrokerBay.
Location
State IN
County Madison
Rooms
Main Level Bedrooms 2
Interior
Interior Features Windows Vinyl
Heating Other
Cooling Other
Fireplace Y
Appliance Other
Exterior
Garage Spaces 1.0
Parking Type Detached
Building
Story One
Foundation See Remarks
Water Other
Architectural Style Other
Structure Type Other
New Construction false
Schools
Middle Schools Highland Middle School
School District Anderson Community School Corp
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