1631 Brown Street, Anderson, IN 46016

$44,000 Asking Price

2 beds
1 bath
792  sqft
Built in 1914

INVESTOR ALERT! TURNKEY RENTAL OVER THE 1% RULE!! Come see this low-priced single family 2br/1ba ranch home located in the heart of Anderson. Very convenient location just blocks into downtown and less than 10min to the newly remodeled casino. The property is tenant occupied and they are paying $686/mo (mo-to-mo). While the home is in rental grade condition, with a little cosmetic updating it could really shine and rent could be improved! Property is professionally managed by Full Spectrum. Add this property to your rental portfolio and start cash flowing from day 1!


Features & Amenities

Interior

General:
Windows Vinyl, WoodWorkStain/Painted
Appliances:
MicroHood, Electric Oven, Refrigerator
A/C:
Central Electric
Heating:
Forced Air
Fireplace:
Fireplaces: 0

Exterior

Style:
Bungalow
Other Structures:
Covered Porch

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Anderson Community School Corp
County:
Madison

Lot

Zoning:
Pt E2 Nw Plat 6-3 0.0740Acres Str: 13197 Section: Plat: 00 In: Out:, 481113204004000003

Utilities

Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3.0 %

This listing courtesy of:
Keller Williams Indpls Metro N, Peter Stewart

About Anderson, IN

Housing

Number of Units
37,633
Median Home Value
$100,305
Median Rent
$602

36.66% of housing units are renter occupied.

11.51% are vacant.

Commute

Car
80.37%
Public Transportation
0.45%
Walk to Work
1.87%
Work from Home
16.06%
Other
0.62%

The median travel time to work is 23 minutes.

People

Population
78,679
Median Age
41.60
Median Household Size
2.46

Education

High School
40.73%
Associate’s Degree
9.20%
Bachelor’s Degree
11.47%
Graduate Degree
6.73%

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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