x
Showing 1 of 0
X
Save

$274,900

Active Listing ID 524200
bed icon
5 bed
rule icon
1,976 square feet
bath icon
3.00 Bath (2 Full Bath , 1 Half Bath)
built icon
Built in 1976
lot icon
Lot: 0.29 acre

$274,900

Active Listing ID 524200
Save

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.

Collapse all

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: 3/22/2023 6:14:26 PM GMT

Courtesy of: Troy Hill, Realty Executives Premier, troy@thenicklagroup.com

"Copyright 2023 Northwest Indiana REALTORS® Association. All Rights Reserved. Click here for Disclaimer

The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.