367 Commanche Drive Pending

Lowell,IN 46356

$ 399000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Na

MLS Listing ID 824197

Bedrooms 8

Full Baths 4

Year Built 1960

Annual Tax Amount $5,544

Tax Year 2024

Lot Size 0.417 Acres

Property Sub-Type Quadruplex

Property Description

Charming 4-Plex in the Sweet Town of Lowell, IN! Fantastic opportunity to own a well-maintained 4-unit investment property in the heart of highly desirable Lowell, IN! This unique building offers two single-level units and two spacious two-story units, appealing to a variety of renters. Enjoy peace of mind with a new roof (2022) and new windows (2021) already taken care of. 3 units have been freshly painted. The property features private parking in the rear of the building, adding convenience and value for tenants. Two units are currently rented, providing immediate income, while two are vacant and ready for a new owner to lease--perfect for customizing your rental strategy or even living in one unit while renting the others. Located close to downtown Lowell, there is easy access to shopping, dining, schools, and parks in a town known for its strong community and excellent school system. Whether you're a seasoned investor or just getting started, this 4-plex is a rare find with upside potential. This building is a great opportunity in a community-focused town with a strong rental demand!

Location

State IN

County Lake

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s),Eat-in Kitchen

Heating Forced Air,Other

Cooling Central Air,Other

Flooring Carpet,Vinyl,Hardwood

Fireplace No

Appliance Gas Range,Refrigerator,Gas Water Heater

Exterior

Exterior Feature Other

Parking Features Off Street,Paved

Utilities Available Cable Available

Building

Lot Description Front Yard,Paved,Rectangular Lot,Landscaped

Schools

Elementary Schools Oak Hill Elementary

Middle Schools Lowell Middle School

High Schools Lowell Senior High School

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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