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!
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA812952
Price : $575,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1922
Lot Area : 3,746.16 Sqft
Status : Active
Acres : 0.086
Property Subtype 1 : Multi Family
Status : Active
Features
Heating System : Forced Air
Basement : Yes
Parking : On Street
Exterior Features : Rain Gutters
Interior Features : Entrance Foyer, Built-in Features, Laminate Counters
Appliances
Appliances : Refrigerator, Range
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Pennsylvania
Street Number : 816
Street Suffix : Street
Postal Code : 46402
Floor Number : 0
Longitude : W88° 39' 58.7''
Latitude : N41° 35' 46.2''
Directions : IN-53 to E 8th Ave to Pennsylvania St