2313 E 5th ST Active Save Request In-Person Tour Request Virtual Tour
Anderson,IN 46012
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,144 sqft
Price per Sqft $74
Subdivision Homewood
MLS Listing ID 22002428
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1940
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
This is the investment you've been waiting for! Presenting a fully turnkey 2-bed, 1-bath ranch home on Anderson's desirable east side, with a long-term tenant in place, currently paying $1,000/month (lease through 6/30/25). This property is performing well above the 1% rule, making it an ideal addition to any portfolio. Located just minutes from Anderson University, downtown, and the newly renovated Harrah's Casino, this home offers both convenience and demand. The property has undergone a full renovation, featuring a new roof, fresh siding, updated interior paint, modern flooring, a completely remodeled kitchen with white shaker cabinets and stainless steel appliances, and a sleek, updated bathroom. Set on a 0.15-acre lot, the home also includes a detached 1-car garage, a long gravel driveway, and a private backyard shaded by mature trees. A spacious rear deck adds to the appeal, perfect for tenants who enjoy outdoor living. With the tenant covering all utilities, this low-maintenance, cash-flowing rental is ready to start delivering returns from day one. Add this great property to your portfolio today!!
Location
State IN
County Madison
Rooms
Basement Unfinished
Main Level Bedrooms 2
Kitchen Kitchen Updated
Interior
Interior Features Windows Vinyl
Heating Forced Air,Gas
Cooling None
Fireplace Y
Appliance Gas Water Heater,Gas Oven,Range Hood,Refrigerator
Exterior
Garage Spaces 1.0
Waterfront false
View Y/N false
Parking Type Detached
Building
Story One
Foundation Block
Water Municipal/City
Architectural Style Ranch
Structure Type Vinyl Siding
New Construction false
Schools
School District Anderson Community School Corp