2202 N Leland Avenue, Indianapolis, IN 46218

$114,899
2
BD
1
BA
567
SqFt

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List Price
$114,899
Price Change
▼ $100 1785360196
MLS#
22109849
Property Type
Residential
Bedrooms
2
Bathrooms
1
Sqft. of Residence
567
Year Built
1959
Days on Market
35
Status
ACTIVE

Property Description

Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages include a furnace and air conditioner at approximately four years, water heater at three years, flooring at four years, and roof at eight to ten years, with no reported plumbing or electrical issues. The tenant pays all utilities. Located on a quiet residential stretch of North Leland Avenue in an established neighborhood of well-built single-family and multi-family homes, with convenient access to downtown Indianapolis. An ideal entry-level rental or an easy addition to an existing portfolio. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

Additional Information

Foundation
Crawl Space
Stories
One
Architecture
Contemporary
Equipment
Smoke Alarm, None
Interior
Eat-in Kitchen
Acres
0.12
Heat
Baseboard, Electric
Cooling
None
Appliances
Electric Cooktop, Dryer, Refrigerator, Washer, Electric Water Heater
Semi-Annual Taxes
$645
Garage
Yes
Region
Warren
Eating Areas
None

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