2205 Hendricks Street, Anderson, IN 46016
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2205 Hendricks Street,Anderson, IN 46016
$145,000
- 3 Beds
- 1 Baths
- 1,474 sq. ft.
- Single family
- Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22089473
Source:IN_MIBOR
Price summary
- Price:$145,000
- Price per sq. ft.:$64.33
About this home
Turnkey Rental - Fully Renovated from the Studs Up Investment Opportunity: Currently rented for $1,469 per month, with the tenant paying all utilities and handling lawn care, creating a low-maintenance income property. At the $145,000 list price, the property delivers approximately a 1% rent-to-price ratio, a metric many investors seek. This 3-bedroom, 1-bathroom home offers approximately 1,500 sq ft of living space and sits on a spacious 6,700 sq ft lot with a large backyard. Conveniently located with easy highway access and just a 4-minute drive to Anderson's downtown historic district, making it attractive for long-term tenants. The home was fully renovated in 2022 from the studs up, with extensive improvements including: Exterior: new roof, fascia, siding, gutters, exterior paint, concrete work, and windows. HVAC: new furnace, AC unit, water heater, thermostat, and gas meter. Plumbing: new underground water line, updated interior plumbing lines and fixtures, and washer/dryer hookups. Electrical: complete rewire with new panel, meter, and modern light fixtures. Interior: new drywall, paint, flooring, trim, cabinets, quartz countertops, doors, vanities, and stainless steel appliances. With major systems, structure, and interior finishes all replaced in 2022, this property offers investors a turnkey rental with minimal near-term maintenance needs. Strong rental income, extensive renovations, and low owner expenses make this a compelling addition to any portfolio....
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Home facts
- Year built:1900
- Listing ID #:22089473
- Added:59 day(s) ago
- Updated:May 15, 2026 at 02:51 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Dining Description:Dining Combo/Kitchen
- Kitchen Description:Dishwasher, Electric Oven, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Basement, Unfinished
- Living area:1,474 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1900
- Building area:1,474 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Vinyl With Stone
- Foundation Description:Block
Schools
- High school:Anderson High School
Utilities
- Water:Public Water
Finances and disclosures
- Price:$145,000
- Price per sq. ft.:$64.33
Features and amenities
- Appliances:Microwave, Refrigerator, Smoke Alarm
- Amenities:Attic Access
Parking
- Garage:Yes
- Garage spaces:1
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