$120,000
Bedrooms
2
Baths
1
Sq. Feet
1200
Year Built
1970
Days on Market
166
$/SqFt
$100
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Home Description: 371 W Douglas St
Action Required: No Wholesaler offers will be considered. Proof of funds and all contracts must be in the name of the end user. Fix it up and keep it as a rental and raise rents to fair market value (Shortage of Section 8 Housing in Anderson. See upside remarks below) Upside Potential: According to the 2024 HUD Fair Market Rents (FMRs) for the 46151 Zip Code, there is substantial room for rent increase, with the potential to raise total rent to $1,349. Property can be sold as a package deal. (See remarks below) Listing Broker has a spreadsheet with underwriting analysis on investment property, PDF copy of the underwriting on file. If represented by an outside agency, connect your representative. In order to receive financial information and data analysis buyers must register through the listing broker even if represented by an outside agency. Please note: Interior of property has not been examined due to distressed conditions. All financial projections and data are based on available information and should be independently verified by the buyer. Once under contract, buyers may conduct physical inspection to verify the condition of property. Property is being sold as-is. Package: 2317 Fletcher Ave ($95k with all 3 lots), 2512 Fletcher Ave ($35k), 1911 Noble St ($35k), 371 W Douglas St ($120k)
Available now at $120,000
Approximate Room Sizes / Descriptions
Neighborhood
The average asking price of a 2 bedroom Martinsville home in this zip code is $235,100 (95.9% more than this home).
This home is priced at $100/sqft, which is 63.8% less than similar homes in the 46151 zip code.
Map Map | Street Street | Birds Eye Birds Eye
371 W Douglas St Martinsville IN 46151
Similar to: 371 W Douglas St
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Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 607-9119 and speak with one of our real estate consultants.
Listing Courtesy of Fair Market Value Investment Sales. For information or to schedule a viewing of this property (MLS# 21966961) located at 371 W Douglas St Martinsville IN 46151, call: 317 607 9119
371 W Douglas St, Martinsville IN is a single family home of 1200 sqft and is currently priced at $120,000 . This single family home has 2 bedrooms. A comparable home for sale at 160 E Cunningham St in Martinsville is listed at $145,000. This home on 371 W Douglas St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Martinsville, IN. Cunningham, Artesian Acres and The Oaks are nearby neighborhoods. MLS 21966961 has been posted on this site since 3/5/2024 (today).
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