614-323-3739

Real Estate Done 4U

2nd Quarter Edition

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1801 S. Drexel Ave - Under Contract

Description

Solid Indianapolis Rental! Great 2/3rds Brick ranch home with 3 bedrooms, 1.5 bathroom has been newly updated with fresh paint and updated fixtures throughout!  Refinished hardwood floors throughout, with new LVP flooring in the kitchen! Great fully fenced in yard Front and Back yard, with Concrete driveway and carport.

This home is now leasing for rented for $1,550. 

Scope of Work

Updated Kitchen: cabinets, countertops, new sink, faucet, fixtures, supply lines and garbage disposal
All new light switches and outlets throughout with GFI outlets in kitchen and bathroom
Refinished hardwood floors
Installed new waterproof LVP with shoe molding in the kitchen
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 tile floor and 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 AC, Furnace is 2017
exterior doors have new hardware
Weatherstripping on all exterior doors to reduce tenant's utility bills
Painted exterior area above brick white
Tree work with light landscaping (trimmed any trees overhanging roofline)
Estimated Age of roof is about 5 years
One new window 

Features

Bedrooms 3
Bathrooms 1.5

Pricing

Price $180,000.00
Est Cap Rate 8.2%
NOI $14,721
Monthly Est. Rent $1,550

Interior Amenities

  • Completed Rehab

Links

Proforma


1801 S. Drexel Ave
Indianapolis IN 46203


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

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