3063 - 3065 N. Colorado Ave Indianapolis IN 46218

Off Market

Duplex

🤑🐄 30% COC Return 🤑🐄

Asking Price $52,900

Great Rental Property

714 SqFt Each Side

Lot Size 5,227 SqFt

2bed  1bath Each Side

Minor work Needed

Updated Furnaces & Water Heaters

Currently Rented at $600/month Each Side

ARV $56,300

_________________________ HOLD PROFORMA Rent $1,200 per month Taxes $30 Insurance $22 Management $96 Vacancy / Maint. $144  Income $908 ________________________

COMPS: 2911 N. Colorado SOLD for $65,000 3420 N. Colorado SOLD for $47,000

GM