1521 E Legrande AVE new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $71
Subdivision J C Adams
MLS Listing ID 22036842
Bedrooms 2
Full Baths 1
Year Built 1926
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type Single Family Residence
Property Description
Expand your portfolio with this promising 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in rental income, and estimated market rent is $1,320. The home has been updated with a newer roof, fresh paint, modern light fixtures, contemporary appliances, and a renovated kitchen and bathroom, making it an appealing option for tenants and minimizing upkeep for owners. Positioned on the near southeast side, this home offers convenient access to a variety of amenities, including schools, parks, and shopping centers. It's strategically located near major thoroughfares such as S Keystone St, Raymond St, and Madison Ave, along with highways I-70 and I-65, facilitating easy commutes to significant employment centers like 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis. This property is part of a comprehensive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and is not available for individual purchase. This portfolio presents a rare opportunity to secure a diverse range of properties in a dynamic and growing area. Don't miss this chance to be part of the dynamic growth in these popular Indy neighborhoods and enhance your investment portfolio!
Location
State IN
County Marion
Rooms
Kitchen Kitchen Some Updates
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Exterior
Utilities Available Cable Available,Natural Gas Connected,Water Connected
Building
Story One
Foundation Block
Water Public
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools