614-323-3739

Real Estate Done 4U

2nd Quarter Edition

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1315 N Drexel Ave - Available Now!

Description

Solid Indianapolis Rental in the desired Little Flower Neighborhood!

This property is a 2 bedroom, 1 bath home and has been newly updated with fresh paint and new lvp flooring in the kitchen and bathroom! Gorgeous refinished hardwood floors, open layout with numerous large windows fill the home with plenty of natural light. Fully fenced back yard, detached 1 car garage, and large shed in the back for extra storage!

This home is now leasing for $1,500 

Scope of Work

* In the Kitchen:  new sink, faucet, fixtures, supply lines and garbage disposal
* All new light switches and outlets throughout with GFI outlets in kitchen and bathroom
* Installed new waterproof LVP kitchen and Bathroom, refinished hardwood in the rest of
* New Washer/ Dryer drains, supply line and valve box
* New lighting throughout
* Fresh 2 tone painting throughout
* New interior doors with hardware
* Updated Bathroom: new shower pan with tile surround, all new faucet, fixtures, manifold, new vanity mirror and light, counter tops, faucet, supply lines, toilet, and bathroom exhaust fan
* New Water Heater
* New HVAC system (furnace and AC)
* Total Basement cleanup, waterproof paint on walls and floors
* Basement handrail to meet code for safetybasement stairs for safety
* New exterior doors with hardware
* Weatherstripping on all exterior doors to reduce tenant's utility bills
* Painted Exterior
* light landscaping (trimmed any trees overhanging fences and roofline)
* Meter Base upgrade
* Service Panel upgrade
* Fence Repairs

Features

Bedrooms 2
Bathrooms 1

Pricing

Price $175,000.00
Est Cap Rate 7.1%
NOI $12,486
Monthly Rent $1,500

Interior Amenities

  • Completed Rehab

Links

Proforma


1315 N Drexel ave
Indianapolis IN 46201


FSBO - Michael Drew
Real Estate Done 4u.com
Indianapolis IN
6143233739

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