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  • $55,000

    1628 Sherman St, Anderson, IN 46016

    2beds
    1,106sqft
    Residential, Single Family Residence
    Built in 1950
    3,049.2 Square Feet Lot
    $55,600 Zestimate®
    $50/sqft
    $995 Estimated rent

    What's special

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 8 doors across 7 residential properties, this particular property is a lovely single-family ranch home. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 1628 Sherman St, the home features 2 bedrooms and 1 bathroom, and it needs a complete renovation to bring it to its former glory. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within blocks of downtown Anderson and the St Vincent hospital, this property also benefits from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a BRRRR or flip strategy, this package provides a golden chance to invest in a rapidly improving area. Capitalize on this unique opportunity and grow your real estate portfolio today!

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 09:08am

    Listing Provided by:

    Peter Stewart peter@peterstewartrealty.com,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22024255MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Carpet
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 2
    • Features: Carpet
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Kitchen
    • Features: Vinyl
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Living room
    • Features: Other
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Attic Access, Eat-in Kitchen
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 1,106
    • Total interior livable area: 1,106 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: 481113203039000003
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding
    Condition
    • Fixer
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Water: Municipal/City

    Community & neighborhood

    Location
    • Region: Anderson
    • Subdivision: Hazelwood
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $55,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $55,600