Nice duplex just east and 11 minutes from downtown Indy! Great income opportunity for investors - each side with 3 beds and 1 bath. Section 8 duplex receives $1810 (one side $860 and the other $950) in monthly rent and estimated expenses are $300/mo. Capitalization rate potential for this property is 11%! One side occupied and the other side has a tenant under contract and waiting on completion of Sec 8 inspection prior to move-in. Room measurements approximate. Sold As-Is. Tenants rights apply.
Listing courtesy of Berkshire Hathaway Home.
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