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711 W 24th Street, Anderson, IN 46016
$75,000
711 W 24th Street

711 W 24th Street

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 $1,000 for 2 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. New Roof, Gutters, Windows, Furnace, Electrical System, Plumbing System, and Water heater. Updated Kitchen, Bathroom and Tile throughout. Unfinished Basement and Shed. 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.
  • 2 BEDS
  • 1 FULL BATH
  • For Sale
  • 1941 BUILT
  • 4,920 Sq.Ft. LOT
  • 720 Sq.Ft.

Features & Amenities

Area & Lot

  • Status:For Sale
  • LIVING SPACE:720 Sq.Ft.
  • LOT SIZE:4,920 Sq.Ft.
  • MLS® ID:21990623
  • Type: Residential
  • Year Built:1941
  • Architecture Styles:Other
  • MIDDLE SCHOOL:Highland Middle School
  • School District:Anderson Community School Corp

Interior

  • Total Bedrooms:2
  • Total Bathrooms:1
  • Full Bathrooms:1
  • Appliances:Electric Cooktop, Refrigerator
  • Other Interior Features:Windows Vinyl

Exterior

  • Stories: 1
  • Garage Space: 1.0
  • Water Source: Other
  • Parking:Detached
  • Heat Type:Electric
  • Air Conditioning:Other
  • Substructure:Other

Financial

  • SALES PRICE $75,000
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Thank you for your interest in 711 W 24th Street, Anderson, IN 46016. We are reviewing your request and will be in touch shortly!

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