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4 Beds
3 Baths
4,303 Sqft Lot
Key Details
Sold Price -
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Park Add
MLS Listing ID 822565
Sold Date -
Bedrooms 4
Full Baths 3
Year Built 1942
Annual Tax Amount $4,532
Tax Year 2023
Lot Size 4,303 Sqft
Property Sub-Type Apartment
Property Description
Solid Brick 3-Unit Investment Property - East Chicago, IN Don't miss this excellent opportunity to own a fully brick three-unit building with strong rental potential! The property features spacious units, a detached 2-car garage, and a clean, low-maintenance exterior--perfect for investors or owner-occupants. Here's the current unit breakdown: Unit #1 (2 beds/1bath): Previously rented at 900/month -- now vacant Unit #2: Previously rented at 700/month (1bed/1bath)-- now vacant and available for owner-occupancy. Unit #3: Currently occupied at 825/month (1bed/1bath) with a lease in place through 08/31/2026. The property was previously difficult to show due to tenant access, but with Units #1 and #2 now vacant, it's much easier to walk. Your buyer can view Unit #1 and Unit #2 this week, and we can coordinate access to Unit #3 as needed. Owner pays: water, sewer, trash, lawn care, and snow removal, making this an attractive option for tenants. Agent will provide ledgers and leases upon accepted offer. Located in a quiet residential area near major roadways, schools, and local shopping, this property offers cash flow and future upside. A great addition to any real estate portfolio.
Location
State IN
County Lake
Interior
Interior Features None
Heating Hot Water, Natural Gas
Cooling None
Flooring Hardwood, Other
Fireplace No
Appliance Other
Exterior
Exterior Feature Storage
Parking Features Garage Faces Rear, Garage Door Opener, Detached
Garage Spaces 2.0
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Shingle
Building
Lot Description Back Yard, Front Yard
Others
Acceptable Financing Cash, VA Loan, FHA, Conventional
Listing Terms Cash, VA Loan, FHA, Conventional
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Bought with Banga Realty, LLC
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