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Listing provided by:
Home for Sale: MLS#: 215723
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Address:
5009 MAGOUN AVE
East Chicago, IN 46312, USA
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$179,900: 10 bedrooms,
6 bathrooms in East Chicago
GREAT INVESTMENT OPPORTUNITY...Seller hates to give up this MONEY MAKER! Over $33,000/yr in revenue currently, and rents are NOT MAXIMIZED. 6 unit, 2 building investment property with many improvements already made. Front building has 4 two bedroom units. Back building has 2 one bedroom units. Tenants pay individual gas and electric. Full basement allows for additional revenue possibilities with storage and washer/dryer hook-ups. Recent improvements to some of the units include: newer furnaces, updated electrical work, newer plumbing, newer flooring, and two units have been completely gutted and rehabbed. Current leases on all units. Over $25,000 currently in net income/yr (without maximizing rents) offers a great RETURN on INVESTMENT. Seller will also consider contract sale with acceptable terms. Call listing agent for further details....
Contact agent for additional property information.
Address:
5009 MAGOUN AVE, East Chicago, IN 46312, USA Map It |
Property Features
| Property Type: |
Residential |
| Style: |
2 Story |
| Bedrooms: |
10 |
| Bathrooms: |
6 |
| Square footage: |
4124 |
| Garage: |
None |
| Basement: |
Full |
| Lot size: |
.08 |
| Year built: |
1904 |
| Annual taxes: |
6231 |
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OFFERED BY
Coldwell Banker
Residential Brokerage-Highland
Lisa M. Thompson
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