3651 N Denny Street, Indianapolis, IN 46218
sale
$130,000
|
Other
Courtesy Of Indy Metro Northeast dba Keller Williams Realty
Buy & Hold Investment Opportunity! Don't miss this excellent opportunity to add a cash-flowing investment property to your portfolio! This income-producing property has been successfully operated as a licensed child care facility since 2008 and is currently occupied by a long-term tenant who has been in place since 2019. The current tenant is under lease through March 31, 2027, providing immediate, stable rental income. Tenant pays $600 biweekly ($15,600 annually) and is responsible for utilities, lawn care, routine maintenance, gutter cleaning, power washing as needed, and business operations. The property offers an approximate 12% gross annual return based on the current asking price of $130,000 and current rental income. Whether you're looking to expand your investment portfolio or purchase a property with an established tenant already in place, this is a fantastic opportunity.
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Property Features
- Legal Description: Forest Manor Add L277
- MLSID: 22117624
- Roof Type: Shingle
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