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$ 575,000
Est. payment | /mo
7,221 SqFt
$ 575,000
Est. payment | /mo
7,221 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,221 sqft
Price per Sqft $79
MLS Listing ID 812952
Year Built 1922
Annual Tax Amount $2,698
Tax Year 2023
Lot Size 3,746 Sqft
Acres 0.086
Lot Dimensions 30x155
Property Description
DYNAMIC INVESTMENT OPPORTUNITY IN GARY, INDIANA!!! Discover this income-generating 8-unit apartment building, strategically located in Gary, Indiana. Perfectly designed for the savvy investor, this property features a desirable mix of one, two, and a spacious three-bedroom unit, offering diverse rental options to maximize your returns. While modern conveniences abound, some of the building's historical charm still remains with original built-ins and woodwork, adding unique character to the residence. Situated for convenience, your future tenants will appreciate quick access to major highways, including IN-53/Broadway, 80/94, and I-65, making commutes a breeze. The building also comes equipped with a common area laundry setup, with a third-party company managing coin-operated units--adding an additional revenue stream effortlessly. With Gary's promising growth potential and ongoing revitalization, act now to secure this exciting opportunity to expand your investment portfolio.You don't miss out on this exhilarating investment chance that promises to deliver consistent returns and growth. Let's make your investment dreams a reality! Schedule your showing today!
Location
State IN
County Lake
Interior
Interior Features Built-in Features, Laminate Counters, Entrance Foyer
Heating Forced Air
Fireplace N
Appliance Range, Refrigerator
Exterior
Exterior Feature Rain Gutters
View Y/N true
View true
Building
Lot Description City Lot, Rectangular Lot, Level
Schools
School District Gary
Others
Tax ID 001-25-44-0014-0027
Acceptable Financing NRA20241112200841689804000000
Listing Terms NRA20241112200841689804000000
Listed by Blackrock Real Estate Services