1006 West St, New Albany, IN, 47150

Rental opportunity in New Albany

Asking $40,000 or best offer
If you're a buyer's agent: Asking $41,200 (includes a 3% broker compensation) or best offer.

We are selling our assignable purchase contract on the property below:

1006 West St, New Albany, IN, 47150

Zillow

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Make an Offer

To submit an offer or set up a viewing please contact Branden at (502) 490-2725 or email branden@rapidfireinvestments.com

Details:

2bd/1ba with 840 sqft
Built in 1947
Lot Size: Unknown
Owner Occupied
Closing on or before 05/15/26
Market Rent: $1,200
Current Rent: N/A
Good buy and hold investment rental rate for a 2/1 is 1200.

ARV is $175,000 based on the following comps:

755 Linden St in New Albany, IN, 47150 is a renovated 936 SqFt, 2 Bed / 1 Bath that sold for $175,000 on 10/6/2025 ($186.97 per SqFt)
226 Green St in New Albany, IN, 47150 is a renovated 898 SqFt, 2 Bed / 1 Bath that sold for $180,000 on 12/12/2025 ($200.45 per SqFt)

Repairs:

Roof: 5 years good

HVAC: No exterior AC unit. Bryant furnace is great working condition MFG 2016

Water Heater: Needs replaced its currently leaking heavily

To submit an offer or set up a viewing please contact Branden at (502) 490-2725 or email branden@rapidfireinvestments.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$2,500 earnest money check required for all buyers.

Title is already open with our preferred partner, Turn Key Title, ensuring a smoother, expedited closing process by working directly with our trusted team.

Realtors, add your fee (whatever you like) and bring us a buyer!

Not interested in this deal? Click here to view our other listings

We are growing our team!

We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate.

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Questions? I can Help!

Branden MilettaInvestment Sales Specialist

Don’t miss out! To submit an offer or schedule a viewing, contact me now at (502) 490-2725