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About This Home
This 2-bedroom, 1-bathroom single family at 1529 Kennington Street in Indianapolis, IN is listed for $200,000 ($256 per sqft). Built in 1956, the home offers 780 sqft of living space on a 0.10 acres lot.
Welcome to a beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis.
Completely renovated a few years back, this home was rebuilt with quality, comfort, and modern living in mind. Currently operating as high-performing mid-term furnished rental and corporate housing (1 to 6 month stays) with high ROI, this property can be used as a turnkey investment opportunity with strong income potential.
Higher income potential if operated as short-term rental. Preference is to sell this home as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses) and 1525 Kennington (duplex with 3br/2ba townhouses) - a total of 15 units producing high revenues. The duplex at 1525 Kennington is the neighboring property to this home.
Key Features
- Built in 1956
- 0.10 acre lot
Property Details
Monthly Cost Estimate
$1,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1529 Kennington Street
Indianapolis, IN 46225
Franks Sub Woodruffs Sub B F Morris
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1529 Kennington Street is listed at $200,000 ($256/sqft). The estimated monthly payment is $867 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.10 acre lot. Interior Features: Attic Access, Eat-in Kitchen.
This property is listed by Lisa Phillips and can be reached at 3172199277 or lisa.phillips@compass.com.