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Listed by Dylan Beck • RE/MAX Real Estate Solutions
$ 99,900
Est. payment /mo
New
3507 S Allegheny AVE Marion, IN 46953
3 Beds
1 Bath
1,008 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $99
Subdivision No Subdivision
MLS Listing ID 22079603
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1952
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Property Description
Turnkey Cash Flowing Rental Fully Remodeled 1 Percent Rule No Deferred Maintenance Investor alert Welcome to 3507 S Allegheny Ave Marion IN 46953 a freshly remodeled turnkey rental property priced at 99,900 and renting for 1,300 per month putting this deal well above the 1 percent rule with immediate cash flow from day one This 3 bedroom 1 bathroom home has been fully renovated and is truly rent ready with no deferred maintenance The property features brand new all electric systems modern updates throughout and a 2 car garage making it highly attractive to tenants and easy to manage for investors The property is currently leased through October 2026 providing stable long term income and eliminating vacancy risk for the next owner Perfect for investors seeking predictable cash flow from day one With a strong GRM excellent rent to price ratio and turnkey condition this property checks every box investors search for when looking for cash flow rentals buy and hold investments and low maintenance income properties No rehab no surprises just steady income Investor Highlights Price 99,900 under 100K Monthly Rent 1,300 Lease in place through October 2026 Well above the 1 percent rule Strong GRM Turnkey rent ready Fully remodeled All electric new systems 2 car garage 3 bed 1 bath No maintenance needed Ideal buy and hold rental Perfect for investors seeking cash flow passive income and a move in ready rental to add to their portfolio in Marion
Location
State IN
County Grant
Rooms
Main Level Bedrooms 3
Interior
Interior Features Attic Access
Heating Electric, Forced Air
Cooling Central Air
Fireplace N
Appliance Electric Oven, Refrigerator, Water Heater
Exterior
Garage Spaces 2.0
Building
Story One
Foundation Crawl Space
Water Public
Architectural Style Bungalow
Structure Type Wood Siding
New Construction false
Schools
School District Marion Community Schools
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