| Bedrooms: | 4 beds |
| Bathrooms: | 2 baths |
| Residential: | 1,600 sqft |
| Lot: | 0.07 |
| Year Built: | 1925 |
| Listing Status: | Active |
Listing Agent
Charlene Gaard (317) 440-2149
https://www.nolimitrealestate.comWe cannot obtain a map view for this location. Please
See Google Maps for any possible street views and other mapping views.
We cannot obtain a street view for this location. Please
See Google Maps for any possible street views and other mapping views.
| Monthly Principal + Interest: | $ |
| Monthly tax: | $ |
| Total Payment: | $ |
These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.
Description
Incredible opportunity to acquire a fully rented portfolio of 4 single-family homes, each occupied by long-term Section 8 tenants! This stabilized, cash-flowing package is delivering an impressive 10.6% cap rate based on current income and expenses. 406 S Harlan features 3 bedrooms, 1 bath, and 2,288 sq ft, renting for $1,500/month with $355 in annual taxes. 507 W 29th offers 4 bedrooms, 2 baths, and 1,600 sq ft, earning $1,500/month with $891 in annual taxes. 2605 N Harding provides 3 bedrooms, 1 bath, and 1,056 sq ft, collecting $1,653/month with $1,162 in annual taxes. 2403 N Parker includes 4 bedrooms, 2 baths, and 1,680 sq ft, generating $1,800/month with $1,214 in annual taxes. Total gross rental income is $77,436/year. Tenants pay their own utilities and supply their own appliances, keeping owner costs low. Property management is in place at 10% of collected rents, and insurance is $600 per property annually. This portfolio is Section 8 certified, offering reliable government-backed income streams. Each property is in strong rental areas with solid tenant history. Excellent for a buy-and-hold investor looking for immediate returns and minimal maintenance headaches. Properties can be purchased as a package only. Don't miss this chance to add a high-performing, low-risk portfolio to your investment holdings!Other Information
507 W 29Th Street, Indianapolis, IN, 46208 is a residential listing of 1,600 sqft on a lot of 0.07. This residential listing has 4 bedrooms, and 2 baths. The map for this location can be viewed on Google maps at
507 W 29Th Street, Indianapolis, INListing offered by: NO LIMIT Real Estate, LLC - charlenegaard@aol.com - (317) 440-2149
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