2415 Cedar Street, Anderson, IN 46016

$65,000
2
BD
1
BA
1,804
SqFt

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List Price
$65,000
MLS#
22135049
Property Type
Residential
Bedrooms
2
Bathrooms
1
Sqft. of Residence
1,804
Year Built
1950
Days on Market
2
Status
ACTIVE

Property Description

Investor opportunity at $65,000. 2415 Cedar St in Anderson is a 2 bed, 1 bath, 1.5-story single-family home with 1,156 sq ft of living space on a level 0.07-acre lot with a covered front porch. It's currently rented at $931/month on a lease through March 31, 2027, which clears the 1% rule at this price. Property taxes run about $854 a year, so holding costs stay low. The lease also gives a buyer options. The lease terms allow it to be ended with 60 days' written notice if the property is sold. You can keep the tenant in place and collect rent from the day you close, or give notice and take the home back to renovate, re-lease at a new rate, or move in yourself. If you keep the tenant, you can renew or adjust rent when the lease ends in March 2027. Close to Anderson University, the Paramount Theatre, Mounds State Park, Anderson Speedway, and Harrah's Hoosier Park.

Additional Information

Foundation
Partial
Stories
One and One Half
Architecture
Bungalow
Interior
Paddle Fan, Hi-Speed Internet Availbl
Acres
0.07
Heat
Forced Air
Cooling
Window Unit(s)
Appliances
Microwave, Electric Oven, Refrigerator, Range Hood
Region
Anderson
Eating Areas
Dining Combo/Kitchen

Listing courtesy of John-Thomas Bell. Plum Tree Realty

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.