Property Details
Property Type: Multi Family Home
Bedrooms: 2
Bathrooms: 2
Total Size: 1,240 SQ FT
Lot Size: 3,179 SQ FT
Year Built: 1930
ARV: $244k (If converted to 3bd/2ba)
Market Rent: $1010/month (2bd/2ba), $1310/month (3bd/2ba)
Space to convert to a 3/2
Low Entry Cost.
Title is insured, contingent on Quiet Title completing after the sale (Seller pays).
Inside needs trash emptied and full gut.
Landscape Overgrown.
Comparable (2/2 rentals):
4488 Massachusetts St, Gary, IN 46409 – 2 BD | 1 BA | 1,232 ft2 | $750 /month
3988 Adams St, Gary, IN 46408 – 2 BD | 1 BA | 1,127 ft2 | $995 /month
4085 Harrison St, Gary, IN 46408 – 2 BD | 1 BA | 1,000 ft2 | $1,200 /month
Comparable (3/2 rentals):
1320 W 47th Ave, Gary, IN 46408 – 3 BD | 1.5 BA | 1,176 ft2 | $1,700 /month
4109 Fillmore St, Gary, IN 46408 – 3BD | 2 BA | 1,128 ft2 | $1,150 /month
200 E 50th Ave, Gary, IN 46409 – 3 BD | 1.5 BA | 1,224 ft2 | $1,200 /month
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- This is an assignable contract.
- Buyer pays all closing costs and is responsible for their own due diligence and verifying all facts and figures.
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