Indianapolis, IN 46201

Investors, take notice of this unique cash-flow opportunity on the east side of Indianapolis. This spacious property is currently configured as a 7-bedroom rooming-house style rental and offers approximately 2,300+ square feet of living space with multiple income-producing rooms already in place. The property is currently tenant occupied with seven rentable rooms generating income on month-to-month agreements, making it an attractive opportunity for investors seeking immediate cash flow with upside potential. Major mechanical updates have already been completed, including a newer roof, HVAC system, furnace, and water heater, helping reduce future capital expenditure needs. Inside, the home offers substantial square footage, functional living space, and a layout that supports multiple occupancy strategies. While the bathrooms have already been updated and the flooring remains in good condition, the kitchen presents an opportunity for modernization that could further enhance value and tenant appeal. The unfinished basement provides additional storage and utility space, while the detached garage adds functionality that is often difficult to find in similar investment properties. Located on Indianapolis' east side, the property benefits from proximity to downtown Indianapolis, major employers, public transportation routes, shopping centers, restaurants, and interstate access. The area continues to attract investors due to its affordability, strong rental demand, and ongoing neighborhood revitalization efforts