Cash Flowing Duplex Assigned

  • $104900
  • 4 beds
  • 2 baths
  • 2224 sqft
Property Description:
Both Units are Occupied Section 8 Tenants. There is 6-8 Months Remaining on both the Tenants Leases, considering there isn’t much to rent right now, I imagine they would like to renew lease when it is up. Potential to increase rent to $800 a month.
2 Bed 1Bath Each Unit
No Repairs Needed
ALL Mechanicals are in good working condition, everything installed New 2-3 Years old
Each Unit Rents out for $750 each and the tenants pay all the utilities.
 6-8 months remaining on both units but we will confirm once we have the Agreements.
Special Features:
Walk out to the backyard and you will have access to City Skatepark and Water Park right outside backyard.
Other Notes: 
 HUD requires all section 8 housing to pass an inspection before a tenant can move into the home, meaning the condition of the property is all up to code and if there were any repairs needed it would’ve been taken care of before the tenants could move in.
We can connect any buyer to our property manager who services Anderson & Muncie.
Price:
$104900
Address:
816 W 11th St
Anderson, Indiana 46016
Square Feet:
2224
Lot Size:
4600
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Duplex
Basement:
Full Basement

Additional Features

Special Features: Walk out to the backyard and you will have access to City Skatepark and Water Park right outside backyard.

Call +1 (833) 457-1476 for more details

Property Location