2526 Eastern Ave, Indianapolis, IN 46218

DISCOUNTED FIXER (UPDATES BELOW) Owner had $1,850/month via Section 8 with consistent payments and $1,000+ in monthly cash flow. Bought for $119,000, did a DSCR, and owes 89k. The property has stable tenant potential and isn't complete remodel, but the floors are began to sag at the end of the lease, causing owner to sell at major loss being out of state. Previous quotes on support the structure were around 15-20k. Perfect for a buy-and-hold investor or someone looking to reposition the asset. Owner is liquidating to be done ASAP. This is a cash-flowing deal with long-term potential for the right buyer who will fix the issues LOOKING TO NET $5,000 to walk away with closing costs covered. NO SELLER FINANCING. Owner used to many calls so text "Eastern" if interested. Trying to weed out people wasting time.