208 N Tacoma Ave, Indianapolis, IN 46201

Home Description

2ND CHANCE INVESTOR SPECIAL - FLIP OPPORTUNITY IN RAPIDLY DEVELOPING AREA!! BOM due to buyer having insufficient funds to close. This is your chance to complete a nearly 2,400 sq. ft., 3-bedroom, 2-bathroom home located just minutes from downtown Indianapolis in a neighborhood poised for explosive growth. The property is surrounded by new construction and beautifully renovated homes, making it an ideal investment for those looking to capitalize on the area's upward trajectory. ARV is in the $250-300k range. The property has already had $40-50K of work completed, including a brand-new roof, siding, framing, drywall, and rough-ins for electrical and plumbing. The heavy lifting is done, and now it's ready for your finishing touches. A detailed scope of work and architectural plans are available to guide the final stages of the project, allowing you to complete the project quickly and maximize your returns. Bid to get work done is $45,000. The large concrete pad that has been constructed in the back offers even more value-add potential with space for a garage or accessory dwelling unit (ADU). Whether you plan to flip, rent, or tap into the booming short-term rental market, this property is a versatile investment opportunity. Don't miss out on this opportunity to invest in a high-demand area and turn this property into a lucrative asset. Property is sold AS-IS. No seller financing. Possible short sale.