27 E Legrande Avenue, Indianapolis, IN 46225

$169,000 Asking Price

3 beds
1 bath
1,025  sqft
Built in 1935

Fantastic investment opportunity in the Old Southside Historic neighborhood! This 3-bedroom, 1-bath home boasts a great cap rate. Currently under a lease agreement generating $1,350/month, valid until November 2024, with a reliable tenant who has never missed a payment + covers all utilities. Key features include: New HVAC system (1 year old), updated plumbing w/ washer/dryer connections, snaked, and jetted for optimal functionality. The property is just over 1,000 sqft with an open floor plan and offers a charming covered front porch, freshly painted interiors, and hardwood floors. Don't miss out on this lucrative investment with a solid income stream and attractive features!


Features & Amenities

Interior

General:
Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl, Network Ready
Appliances:
Gas Water Heater, Gas Oven, Refrigerator, Other
Laundry:
Connections All
Basement:
Unfinished
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Other Structures:
Covered Porch
Parking:
Street Only, None

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Theo Meyers Add L23, 491113140026000101

Utilities

Utilities:
Cable Available
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
2.25 %

This listing courtesy of:
Smith Family Realty, Paula Smith

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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