2029 N Colorado Ave, Indianapolis, IN 46218

Home Description

Investment opportunity! This 2 bedroom home, located just minutes from Community East, the interstate and downtown, would make a great addition to someone's portfolio (rent has been going for around $1000 in the area depending). Or this would also be the perfect opportunity for someone to make it their own in a small community, at an affordable price point & opportunity to improve value. Needs some TLC to spruce it up, fence needs some repair & the bathroom plumbing currently isn't draining properly. But the hardwood floors add charm, the screened patio makes an excellent spot to enjoy the evenings or morning coffee. Plenty of storage in the unfinished basement and the detached 20x24 ft "garage" (more of a storage barn with the current roof structure being flat and 16 foot doors that open up vs a garage door that goes up. The Furnace is newer and the home already has duct work if someone wanted to add central air. So much opportunity!