$110,000
For Sale

1521 E Legrande Avenue

Indianapolis, IN 46203
1536 sqft | 2 beds | 1 bath | 0.16 acres | #22036842
Listing OfficeCompass Indiana, LLC
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Expand your portfolio with this promising 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in rental income, and estimated market rent is $1,320. The home has been updated with a newer roof, fresh paint, modern light fixtures, contemporary appliances, and a renovated kitchen and bathroom, making it an appealing option for tenants and minimizing upkeep for owners. Positioned on the near southeast side, this home offers convenient access to a variety of amenities, including schools, parks, and shopping centers. It's strategically located near major thoroughfares such as S Keystone St, Raymond St, and Madison Ave, along with highways I-70 and I-65, facilitating easy commutes to significant employment centers like 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis. This property is part of a comprehensive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and is not available for individual purchase. This portfolio presents a rare opportunity to secure a diverse range of properties in a dynamic and growing area. Don't miss this chance to be part of the dynamic growth in these popular Indy neighborhoods and enhance your investment portfolio!

  • Property Details
      • Utility FeaturesCable Available, Natural Gas Connected, Water Connected
      • InteriorHardwood Floors, Wood Work Painted
      • School DistrictIndianapolis Public Schools
      • Property SubtypeSingle Family Residence
      • Property ConditionUpdated/Remodeled
      • BasementUnfinished
      • SubdivisionJ C Adams
      • Property TypePurchase
      • Original List Price$110,000
      • MLS #22036842
      • MLS #22036842
      • Utility SourcePublic
      • CountyMarion
      • Cost110000
      • FoundationBlock
      • Acres0.16
      • Square Feet1536
      • Year Built1926
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Hilary CasstevensReal Estate Group
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