6
See all 6 photos
$59,000
Est. payment /mo
3 Beds
2 Baths
1,080 SqFt
Active
1612 Cincinnati AVE Anderson, IN 46016
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $54
Subdivision Jacksons Outlot
MLS Listing ID 22075418
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1900
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family Residence
Property Description
Investor Alert! Don't miss this great single-family ranch home located near downtown Anderson. This turnkey rental property is rented for $800/mo (HUD - tenant pays utilities) - well over the 1% rule!! The home sits on a corner lot and has 3 bedrooms, 1.5 bathrooms, and just over 1000sq ft of finished living space. Detached 2 car garage. No HOA! Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. If you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today! Property sold as-is.
Location
State IN
County Madison
Rooms
Main Level Bedrooms 3
Interior
Interior Features Attic Access, Eat-in Kitchen
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace Y
Appliance Electric Oven, Refrigerator
Exterior
Garage Spaces 2.0
View Y/N false
Building
Story One
Foundation Block
Water Public
Architectural Style Ranch
Structure Type Aluminum Siding
New Construction false
Schools
School District Anderson Community School Corp
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