911 W 3rd Street, Anderson, IN 46016
- $128,000
- 4
- BD
- 1
- BA
- 2,584
- SqFt
- List Price
- $128,000
- MLS#
- 22125963
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft. of Residence
- 2,584
- Year Built
- 1890
- Days on Market
- 0
- Status
- ACTIVE
Property Description
$1,450/Month Section 8 Rental | Exceeds 1% Rule | Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month. Tenant pays all utilities. At the $128,000 list price, this property exceeds the 1% rule and is priced below a recent $140,000 appraisal, offering a compelling cash-flow opportunity with built-in value. Fully renovated in 2025, including new roof, full electrical rewire, updated plumbing, new HVAC components, many new windows, and complete interior finishes. The home offers 4 bedrooms plus a bonus room and dedicated laundry space, appealing to long-term tenants. Additional features include a detached garage, fenced backyard, washer/dryer hookups, and property taxes under $150/year. Strong income and major updates-this is a true turnkey rental.
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Additional Information
- Foundation
- Brick/Mortar
- Stories
- Two
- Architecture
- Farmhouse
- Acres
- 0.16
- Heat
- Forced Air
- Cooling
- Window Unit(s)
- Appliances
- Gas Water Heater, Gas Oven, Refrigerator
- Semi-Annual Taxes
- $682
- Garage
- Yes
- Region
- Anderson
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Alyssa Burton from Inspired Realty
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