-
-
For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
720 SqFt
Key Details
Sold Price -
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 720 sqft
Subdivision Gary Guild Sub
MLS Listing ID 832608
Sold Date -
Bedrooms 2
Full Baths 1
Year Built 1925
Annual Tax Amount $223
Tax Year 2024
Lot Size 3,746 Sqft
Property Sub-Type Single Family Residence
Property Description
Turnkey Cash-Flow Property in Gary's Westside An ideal opportunity for buy-and-hold investors, this charming 2-bedroom, 1-bathroom cottage is fully rented out and a proven income-generator. Built in 1925, the 720-square-foot home sits on a manageable corner lot and offers instant ROI from day one. Current Occupancy: Fully tenant-occupied through November 30, 2026. Rental Income: Currently producing 975 per month. Tenant Responsibilities: Tenant is responsible for all utilities (electric, gas, water, and trash) as well as lawn maintenance, ensuring low overhead for the owner. Property Highlights: Compact, efficient 720 sq. ft. layout. Corner lot location with off-street parking. Features a basement. Seller just put on a brand new architectural shingle roof. Strong rental demand in the immediate area. This property is a "money maker" for investors looking for a stable addition to their portfolio with a long-term lease already in place.
Location
State IN
County Lake
Rooms
Basement Other
Interior
Interior Features Other
Heating Forced Air
Cooling Other
Fireplace No
Appliance None
Building
Lot Description Back Yard, Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with BS Realty Services Indiana LLC
Nearby Locations
GET MORE INFORMATION
Managing Broker | License ID: RB18001895