837 N Linwood Avenue, Indianapolis, IN, 46201
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Investors, this is the one. Classic bungalow in historic Emerson Heights, priced at $130,000, with area rental comps around $1,250/month. That works out to roughly an 11.5% gross yield. Inside it's bright and airy, with hardwood floors throughout. The living room is built around a brick fireplace with built-in bookcases on both sides, and there are arched doorways and big, sunny windows. The kitchen has tile floor, and the range and refrigerator stay. 3 bedrooms and a full bath with a tub/shower. The full basement gives you storage and easy access to the mechanicals. Outside there's a covered front porch with a brick knee wall, a mature shade tree, a rear deck, a deep backyard and a detached 2-car garage off the alley. You're just off the East 10th Street corridor, where the city-backed 10th Street Emerging Cultural District is bringing new investment, and you're minutes from Irvington and downtown. Easy to rent, solid to hold. Bring your investors.

