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Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 54,900
Est. payment /mo
New
1808 Nichol AVE Anderson, IN 46016
2 Beds
1 Bath
2,272 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,272 sqft
Price per Sqft $24
Subdivision No Subdivision
MLS Listing ID 22072985
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1929
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Property Description
Investor Alert! Don't miss this great value-add single family home located near downtown Anderson. Once renovated it should rent for above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. Just over 1100sq ft of finished living space. There is also an unfinished basement - great for extra storage, a workout area, workshop, etc. Property also has a large concrete pad in the back for dedicated off street parking. It is currently vacant. 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. Whether you're looking to expand your portfolio with a value-add cash-flowing rental or prefer a BRRRR or flip 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. Cash or hard money only due to condition.
Location
State IN
County Madison
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Interior Features Hardwood Floors
Heating Forced Air
Cooling None
Fireplace N
Appliance Gas Oven, Refrigerator
Exterior
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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