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Est. payment /mo
2 Beds
4 Baths
3,833 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Indiana Harbor Add 05
MLS Listing ID 847174
Bedrooms 2
Full Baths 4
Year Built 1927
Annual Tax Amount $1,716
Tax Year 2024
Lot Size 3,833 Sqft
Property Sub-Type Quadruplex
Property Description
**INVESTORS AND HOUSE HACKERS, TAKE NOTICE!** Excellent opportunity to own a four-unit property in East Chicago, Indiana! This multifamily property features two spacious 3-bedroom units and two 2-bedroom units, offering strong rental income potential. With projected monthly rents of 1,300 for each 3-bedroom unit and 1,100 for each 2-bedroom unit, the property offers a potential gross rental income of 4,800 per month or 57,600 annually. Looking to get started in real estate investing? Take advantage of the house hacking opportunity by occupying a unit while generating rental income from the others! The basement unit is ready for your finishing touches, offering an opportunity to customize the space to your needs, subject to applicable occupancy requirements. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer interested in building long-term wealth, this property offers tremendous potential. Schedule your private showing today and explore the possibilities!
Location
State IN
County Lake
Interior
Interior Features None
Heating Forced Air, Individual Unit, Natural Gas
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance None
Exterior
Parking Features Additional Parking, On Street, Driveway
Garage Spaces 2.0
Building
Lot Description Other
Others
Acceptable Financing Cash, VA Loan, FHA, Conventional
Listing Terms Cash, VA Loan, FHA, Conventional
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Listed by Listing Leaders Northwest
NEARBY SCHOOL & BUSINESS
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com