1541 Massachusetts Street new Save Request In-Person Tour Request Virtual Tour
Gary,IN 46407
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Broadway Add
MLS Listing ID 820667
Bedrooms 12
Full Baths 6
Year Built 1917
Annual Tax Amount $717
Tax Year 2024
Lot Size 3,136 Sqft
Property Sub-Type Apartment
Property Description
Investor Special! Unlock the Potential in This Multi-Unit OpportunityCalling all savvy investors and visionaries! This building offers a rare chance to restore and reimagine a property with incredible income potential. Zoned for multi-family use, it can potentially accommodate up to 6 rental units--making it a high-yield asset once renovated.With the right updates, layout, and vision, this could be transformed into a cash-flowing investment in a market where rental demand continues to grow. Gary is continuing to redevelop with increased property values and restored homes on the rise every month with the help of the Gary Revitalization Program and other local investors. Now is your chance to acquire an investment property in this highly sought after neighborhood before it's too late!Whether you're looking to flip, hold and rent, or develop, this is your chance to bring new life to a building with solid bones and promising returns. Schedule your showing today!
Location
State IN
County Lake
Interior
Interior Features None
Heating None
Cooling None
Fireplace No
Appliance None
Exterior
Exterior Feature None
Utilities Available Electricity Available,Sewer Available,Water Available,Natural Gas Available
Building
Lot Description Back Yard,Corner Lot
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other