$149,900
For Sale

315 S Rural Street

Indianapolis, IN 46201
Listing OfficeFerris Property Group
Browse 32 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with separate furnaces and water heaters. No squabbling over utilities here; electricity is separately metered, so each tenant minds their own watts! Now, let's talk about the cherry on top: two rock-star tenants who've been calling this place home for 2-3 years each. They're as reliable as your grandma's cookie recipe, happily paying $750 per side every month. That's $1,500 in your pocket before you even break out the landlord cape! Whether you're a seasoned investor or just dipping your toes into the real estate pool, this duplex is your low-maintenance ticket to steady cash flow. With separate everything-furnaces, water heaters, electric-this place runs smoother than a sunny afternoon breeze. The tenants love their space, and you'll love the simplicity of managing this dynamic duo of units. It's like owning two houses for the price of one. Ready to snag this income-generating gem? This duplex is practically begging to be the star of your portfolio.

  • Property Details
      • School DistrictIndianapolis Public Schools
      • Lot DescriptionCity Lot, Curbs, Sidewalks
      • FoundationConcrete Perimeter
      • SubdivisionForest Park
      • BasementUnfinished
      • Property TypePurchase
      • Original List Price$149,900
      • MLS #22040105
      • MLS #22040105
      • CountyMarion
      • Cost149900
      • Property SubtypeDuplex
      • Acres0.12
      • Year Built1950

Location

Bernie GoodmanGoodman Group
OR

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