Listed by Legacy Realty Group LLC
$285,000
1910 S Calhoun Street
Details
APN 451113152009000032
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
NOI $41,520
Year Built 1946
Acreage 1.012
Multifamily
Marketing description
Amazing opportunity for a savvy investor. 3 small homes on a one-acre lot in the Griffith/Schererville area - Lake Central Schools. The units need some TLC, but the rent rates are very good. Where else can you get units for less than 100k each in the Lake Central School District? Septic and well on this rural feeling lot, yet close to so many conveniences (minutes to Rte. 30). Keep these units as a great investment, live in one, and rent the other two, or build your dream home and keep an in-law unit. Plenty of possibilities for the creative mind. DO NOT disturb the back tenant. That home will be shown during Specified periods ONLY. Selling AS-IS
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Listed by Legacy Realty Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,520.00
$3,460.00/mo
Valuation Metrics
0
DSCR
14.57%
Cap Rate
14.57%
ROI
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