Status:
Pending
Property Type:Single Family Residence
MLS #:21953541
Sq. Feet:1,792
On Site:20 Days
Lot Size:6,403 Sq. Ft.
County:Marion
ATTENTION INVESTORS! An incredible fix-and-flip opportunity awaits in the highly coveted Meridian Kessler neighborhood, known for its established charm and desirable properties, many exceeding $1 million in value. Nestled in this prestigious area, this property is a diamond in the rough, presenting a chance for a full gut renovation. The potential is immense - if the second story is fully maximized and a garage is added, the After Repair Value (ARV) could reach an impressive $325-350k or more. Already undergoing some demo work and framing, this property is a blank canvas ready for the next owner to unleash their creative vision and transform it into a stunning masterpiece. Situated in a fantastic location without the constraints of an HOA, this property provides flexibility for both owner-occupants and savvy investors. Its proximity to downtown, multiple large hospitals within a 15-minute drive, Broad Ripple under 10 minutes away, and just a block from the Monon Trail makes it an ideal choice for potential short or medium-term rentals. Don't miss out on this golden opportunity to breathe new life into a property in one of Indy's most sought-after neighborhoods. Act fast and turn this fixer-upper into a lucrative investment!
Listing Information Last Updated 12/6/2023
Listing provided courtesy of Keller Williams Indpls Metro N (peter@peterstewartrealty.com).
Information Deemed Reliable But Not Guaranteed. © 2023 Metropolitan Indianapolis Board of REALTORS®.