1830 Nichol Avenue, Anderson, IN 46016

$55,000
2
BD
1
BA
943
SqFt
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Sold Price
$55,000
List Price
$54,900
Closing Date
Feb 26, 2026
MLS#
22030614
Property Type
Residential
Bedrooms
2
Bathrooms
1
Sqft. of Residence
943
Year Built
1895
Days on Market
329
Status
SOLD
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Property Description

Investor Alert! Don't miss this great single family home located near downtown Anderson. With just a little clean-up it'll be rent-ready in no time. Should rent for well above the 1% rule!! The home has 2 bedrooms, 1 bathroom, a formal living room, formal dining room, spacious kitchen, and a laundry room. It is currently vacant. Excellent location within one mile of downtown Anderson, the property benefits from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with a cash-flowing rental or prefer a BRRRR or flip strategy, this property provides a golden chance to invest in a rapidly improving area. Capitalize on this opportunity and grow your real estate portfolio today!

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Additional Information

Foundation
Crawl Space
Stories
One
Architecture
Ranch
Interior
Wood Work Painted
Acres
0.14
Heat
Forced Air
Cooling
None
Financing
Conventional
Appliances
Gas Oven
Region
Anderson
Eating Areas
Formal Dining Room
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Listing courtesy of Peter Stewart. Keller Williams Indpls Metro N

Selling Office: RE/MAX Real Estate Solutions.

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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.