Realty Executives Premier

Serving all of Northwest Indiana and Illinois

Realty Executives Premier

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$274,900

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5 bed
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1,976 square feet
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3.00 Bath (2 Full Bath , 1 Half Bath)
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Built in 1976
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Lot: 0.29 acre

$274,900

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This two-unit duplex offers one 3 bed/1.5 bath unit and one 2 bed/1 bath unit. Current rent levels already generate positive cash flow each month and there is an opportunity to enhance returns by better aligning rents to market levels. This property makes a great addition to an existing portfolio or can serve as a starting point for an aspiring investor looking to diversify into real estate. Live in the 3-bedroom side, which also features an attached 2-car garage, and use the rental income from the other side to cover expenses.The 3-bedroom unit is currently rented for $1, 250 per month, and the 2-bedroom is rented for $715 per month. Both units feature laminate wood flooring in the living areas and carpeting in the bedrooms. Tenants are responsible for all utilities, except for a $13 monthly sewer charge for each unit.This property features an all-brick, low-maintenance exterior, a BRAND NEW roof, a separate driveway for each unit, and no backside neighbors.

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Property Features

  • Facts
  • Built in: 1976
  • Lot Size: 0.29 acre
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1
Listing Changed: 1/28/2023 5:46:14 PM GMT
Source Updated Date: 2/4/2023 2:11:40 AM GMT