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$65,000 -

1304 E 27th Street Anderson IN 46016

3
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.08
Acres

No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. Keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46016 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,468 for 3 Beds. Listing Broker has a spreadsheet with underwriting analysis on investment property (PDF copy of the underwriting on file). Please note: All financial projections and data are based on available information and should be independently verified by the buyer. Property is being sold as-is. Reach out to listing broker with any questions or to receive a copy of the investment underwriting analysis. Property is vacant and showings will automatically be approved through BrokerBay.

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Property Details

Price: $65,000 Previously: $65,000 Originally: $60,000 Bedrooms: 3 Bathrooms: 1.00 MLS #: 21965058 Year Built: 1885 Township: Anderson Sq. Ft Total: 1,386 Type: Residential Zip Code: 46016 City: Anderson Subdivision: Pences East Lynn County: Madison School District: Anderson Community School Corp Middle School: Highland Middle School

Interior Features

Interior Features:
  • Appliances: Other
  • Cooling: Other
  • Heating: Other

Exterior Features

Exterior Features:
  • # Acres: 0.08

Listing Office: Fair Market Value Investment Sales

Office Contact: jordanice@fmvrei.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on September 19th, 2024 at 9:31pm EDT.

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