1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold,… Read More BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside! Read Less
Courtesy of Keller Williams Indpls Metro N.
Listing Snapshot
Days Online
9
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
3
Partial Baths
1
Square Ft.
2,456
Lot Size
0.17 Acres
Year Built
1920
MLS Number
22072537
Additional Details
Appliances & Equipment
Description: "None"
Basement
Description: "Unfinished"
Building
Area: 2000, Architecture: "Traditional", Building Area: 2456, Construction Materials: "Brick", "Cement Siding", Levels: "Two", Year Built: 1920
Cooling
Details: "None"
Exterior Features
Patio Features: "Covered"
Fence
Description: "Partial"
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Forced Air", "Natural Gas"
Laundry
Description: "Main Level"
Lot
Acres: 0.17, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public", Utilities: "Cable Available"
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