1709 Spruce St

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET AN INSTANT LOAN QUOTE AND PRE APPROVAL

🏡 1709 Spruce Street, Indianapolis, IN 46203

💰 Vacant Value-Add Opportunity with Major Mechanical Updates Already Completed

This 3-bedroom, 1-bath property offers investors a straightforward path to equity and cash flow. With many of the expensive capital improvements already taken care of, this is an ideal project for both buy-and-hold investors and flippers seeking a manageable rehab.

📍 Property Highlights

• 3 Bedrooms | 1 Bathroom
• 784 Sq Ft
• Vacant and ready for renovation
• Detached garage 🚗
• 4,140 Sq Ft lot
• Strong rental or resale potential

✅ Significant updates already in place:

• Newer roof (approximately 8 years old)
• HVAC system
• Heat pump
• Furnace
• Updated plumbing
• Updated electrical
• Solid foundation

🔨 Value-Add Opportunities
The remaining work is primarily cosmetic, allowing investors to focus on high-ROI improvements:

• Kitchen renovation
• Bathroom updates
• New flooring
• Interior paint
• Updated fixtures
• Basic exterior and curb appeal enhancements

📈 Why Investors Will Like This Deal
⭐ Vacant at closing
⭐ Light rehab project
⭐ Major mechanical systems already updated
⭐ Reduced renovation risk and costs
⭐ Strong rental income potential
⭐ Excellent flip opportunity with limited scope

With the costly infrastructure already completed, this property offers a clear and efficient path to increased value and strong investment returns.
 

⚠️ OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.

Resources:

• Run the scenario through our Rental Property Calculator.
• Run the scenario through our Desktop Appraisal Calculator.
• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.
• Instant Insurance Quote: Protect your investment with our tailored policy in minutes.

Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get an instant loan quote and pre-approval for this listing. Start exploring deals now!