
3651 Denny Street, Indianapolis
3651 Denny Street, Indianapolis, IN 46218
$130,000
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
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Year Built
Additional Information
Home Features
Description
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.
Location
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3651 Denny Street, Indianapolis, IN 46218
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Listing provided courtesy of Tumikia Gilbert at Keller Williams Indy Metro NE
Contact: t.gilbert@kw.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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