3063 - 3065 N. Colorado Ave Indianapolis IN 46218

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Great Rental or Flip OPPORTUNITY

Off Market

Duplex

Asking Price $53K

2bed 1bath Each Side

714 SqFt Each Side

Lot Size 5,227 SqFt

💰 Investor Special 💰

🤑🐄 30% COC Return 🤑🐄

Minor work Needed

Updated Furnaces & Water Heaters

Currently Rented at $600/month Each Side

ARV $56,300

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HOLD PROFORMA

Rent $1,200 per month

Taxes $30

Insurance $22

Management $96

Vacancy / Maint. $144

Income $908

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COMPS

2911 N. Colorado SOLD

for $65,000


3420 N. Colorado SOLD

for $47,000



GM