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$42,000
4 Beds ⋅ 1 Baths
**Bank authorized short sale**Attention investors - Large rental opportunity in the heart of Alexandria. This spacious property is centrally located to the center of town and within 20 minutes of Anderson and 30 from Muncie. This charming 4-bedroom, 1-bath home checks all the right boxes. With 1,608 sq ft of living space, a proven rental history at $900/month, and a flexible floor plan built for tenant appeal, this property is ready to go to work for your portfolio. The layout features multiple living areas, a spacious living room perfect for relaxing, and a formal dining room that adds character tenants love. Four generously sized bedrooms give you flexibility for a variety of rental arrangements - single family, roommate-style, or otherwise. The bones are solid, and the upside is real - targeted updates could push both rental income and ARV significantly higher. Whether you're adding to an existing portfolio or making your first move into the rental market, this one is a practical, low-risk entry point with genuine growth potential. Don't sleep on this one!

107 E Garfield Street, Alexandria

Listing courtesy of RE/MAX Advanced Realty. Selling Office: Bill Brogdon Realty.

$40,000
3 Beds ⋅ 2 Baths
Located at 408 E Monroe ST, Alexandria, IN, this single-family residence presents a great investment opportunity for the savvy investor or handy homeowner. This property offers a unique chance to craft a living space tailored to your exact vision. Imagine evenings spent in the living room, the heart of the home, where a fireplace provides a focal point for gatherings or quiet moments of reflection. The warmth and ambiance of the fireplace create an inviting atmosphere, perfect for creating lasting memories. The property includes a porch, a transitional space where you can enjoy the outdoors, and a deck, an ideal setting for entertaining or simply unwinding. With three bedrooms and one full bathroom, along with a half bathroom, this 1414 square foot residence offers ample space to realize its full potential. The residence sits on a 10080 square foot lot. Built in 1920, this one-story property is ready for its next chapter. This property is poised to become a cornerstone of comfort and style.

408 E Monroe Street, Alexandria

Listing courtesy of Wilmoth Group. Selling Office: Red Hot, REALTORS LLC.

$39,900
3 Beds ⋅ 2 Baths
Home ownership is within easy reach with this fully remodeled 3 BR/2 Full Bath home in the picturesque Echo Lake Community for less than $40,000. Home has NEW roof coating, siding, refurbished deck, floor coverings, cabinets, paint, light fixtures, bathroom fixtures, doors, skirting...... Where did we stop? You won't believe it when you see it. Just bring your possessions and move in. Off street parking, utility room with W/D hook up's, all the amenities of a high HOA fee housing addition at a fraction of the cost. Echo Lake offers two playgrounds, walking trails, fishing lake, covered mailbox areas, street plowing and maintenance and sewer/weekly trash service included in your lot fee. Call now before it's gone!

182 Echo Lake E Drive, Mooresville

Listing courtesy of A-Plus Property Management & Consulting LLC. Selling Office: .

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