1661 N Pasadena ST, Indianapolis, IN 46219
1661 N Pasadena ST, Indianapolis, IN 46219
1661 N Pasadena ST, Indianapolis, IN 46219
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Listed by Samra Efendic • AMR Real Estate LLC
$125,000
Est. payment /mo
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2 Beds
1 Bath
1,470 SqFt
Active

1661 N Pasadena ST Indianapolis, IN 46219

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Karime Michelle Gonzalez

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,470 sqft

Price per Sqft $85

Subdivision 10Th Sub

MLS Listing ID 22090608

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1956

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

Turnkey Cash-Flow Rental - Exceeds 1% Rule Asking Price: $145,000 Current Rent: $1,500/month + $200/month pet fee Total Monthly Income: $1,700/month Property Details 2 Bedrooms 1 Bathroom 1,470 total sq ft 735 sq ft main level 735 sq ft basement Built in 1956 Investment Highlights Exceeds the 1% rule Strong in-place cash flow Tenant in place Turnkey opportunity Recent Updates New flooring throughout Updated kitchen and appliances prior to current tenant placement New gas lines New plumbing Updated bathroom fixtures New water heater Roof approximately 10 years old Why This Deal Works Immediate cash flow with additional pet fee income Solid rent-to-price ratio Larger total square footage with basement space Minimal deferred maintenance based on recent updates.

Location

State IN

County Marion

Rooms

Basement Partially Finished, Full

Main Level Bedrooms 2

Interior

Interior Features Hardwood Floors, Eat-in Kitchen

Heating Forced Air, Natural Gas

Cooling Wall Unit(s)

Fireplace N

Appliance Gas Oven, Refrigerator

Exterior

View Y/N true

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Building

Story One

Foundation Concrete Perimeter

Water Private, Public

Architectural Style Bungalow

Structure Type Aluminum Siding

New Construction false

Schools

School District Msd Warren Township


MIBOR MLS

NEARBY SCHOOL & BUSINESS

Karime Michelle Gonzalez
Karime Michelle Gonzalez

Broker | License ID: 20000346

+1(317) 798-7733 | karimemichelle@epique.me

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1661 N Pasadena ST