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Valparaiso,IN 46385
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 819831
Bedrooms 8
Full Baths 3
Year Built 1995
Annual Tax Amount $5,075
Tax Year 2024
Lot Size 1.602 Acres
Property Sub-Type Quadruplex
Property Description
Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter CountyDiscover the potential of this unique rural property situated on 1.6 acres in desirable Porter County. Currently configured as a 3-unit income-producing property, it offers a fourth unit partially built out--ready for your finishing touches. Live in one unit while generating income from the others, or lease all four for maximum returns.Gross Annual Income - 38,400 with significant upside when the 4th unit is completed and new leases are securedFlexibility - Easily convert into a spacious single-family homestead or keep as a lucrative rental investmentLand - Expansive 1.6-acre lot with privacy and room for potential future additions or enhancementsFinancing - Owner financing may be consideredDon't miss this rare chance to own a versatile, income-generating property in a peaceful rural setting with plenty of upside. Call to schedule walk-through today.
Location
State IN
County Porter
Rooms
Basement Finished,Walk-Out Access,Interior Entry
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Dryer,Washer,Refrigerator
Exterior
Exterior Feature Private Yard
Parking Features Driveway,Off Street
Utilities Available Electricity Connected,Natural Gas Connected
Building
Lot Description Back Yard
Others
Acceptable Financing Cash,USDA Loan,Owner Assisted,Conventional,Contract
Listing Terms Cash,USDA Loan,Owner Assisted,Conventional,Contract