817 5th Street, Anderson

817 5th Street, Anderson, IN 46016

Purpose unavailable

$225,000

Property Details

5

Bedrooms

2

Bathrooms

2,732

Sq Ft

1890

Year Built

Additional Information

Property SubtypeSingle Family Residence
MLS #MBR22113219
Lot Size0.15 Acres

Home Features

HeatingForced Air, Natural Gas
CoolingCentral Air
ParkingDetached
InteriorAttic Stairway, Paddle Fan, Wood Work Painted
AppliancesDishwasher, Disposal, MicroHood, Electric Oven, Refrigerator

Providence Property Group, PC

Central Indiana real estate services

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

Description

Space, style, and investment potential come together in this beautifully updated 5-bedroom, 2-bath home offering nearly 2,900 square feet of living space. With extensive improvements already completed and a tenant in place, this property offers an attractive opportunity for investors seeking a spacious, stabilized rental. The main level features both a generous living room and separate family room, providing flexible spaces for entertaining, relaxing, or working from home. Two spacious bedrooms and a remodeled full bathroom are conveniently located on the main level. The updated kitchen serves as the heart of the home, with modern finishes and an open layout that flows into a welcoming dining area ideal for everyday meals and gatherings. Upstairs, you'll find three additional bedrooms and a second remodeled full bathroom, providing plenty of room and a versatile floor plan. Major improvements include the roof, siding, windows, HVAC system, and flooring, giving the next owner peace of mind while minimizing the need for immediate capital improvements. Outside, a wood deck provides additional living space for grilling, entertaining, or enjoying the backyard. Currently tenant-occupied and generating $2,100 per month in rental income, or $25,200 annually. The current lease runs through March 30, 2027, providing immediate rental income for the next owner. A great opportunity to add a large, updated rental property to your portfolio with high income already in place. Can also be combined with MLS 22120318. Tenant occupied. The seller will allow interior showings after an offer is accepted. Please do not disturb the tenant.

Location

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817 5th Street, Anderson, IN 46016

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

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Listing provided courtesy of Jamie Suchotzky at Red Hot, REALTORS LLC

Contact: Jamie@RedHotRealtors.com

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

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