Motivated sellers! Multi-Faceted Investment Opportunity! Located just minutes from vibrant 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St. Joseph, this property offers an incredible opportunity for both current income and future development. Sale Includes: Two separate, spacious homes A 10+ car parking lot Additional vacant lots to the East and West — offering the potential to build additional homes or other structures! The city is open to proposals for new construction on the vacant land, offering even more potential. Back home is currently occupied by long-term tenants on a month to month lease. Property Details: 2142 can be rented at 1,925/month or more): 5 bedrooms, 2 full bathrooms (one in the hobby space), a large eat-in kitchen, family room, hobby space, and in-unit laundry. 2144 (rented at 1,555/month): 6 bedrooms, 2 full bathrooms (one on each level), freshly painted with new flooring. The main floor features a kitchen, living room, and 3 bedrooms (including one with a walk-in closet). Upstairs includes a large family room, 3 additional bedrooms, and in-unit laundry. One water bill is covered by the owner; tenants are responsible for their own NIPSCO (gas and electric) bills. Take your time designing future developments while generating steady cash flow. The ample parking and flexible zoning potential make this a truly compelling investment! Roof only about 10 years old!
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA823558
Price : $305,000
Bedrooms : 9
Rooms : 18
Bathrooms : 4
Half Bathrooms : 0
Year Built : 1922
Lot Area : 36,154.80 Sqft
Status : Active
Acres : 0.83
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air, Natural Gas
Pet Policy : Number Limit
Parking : On Street, Additional Parking, Gravel
Exterior Features : No
Interior Features : Eat-in Kitchen
Appliances
Appliances : Gas Water Heater
Address Map
Country : US
State : IN
County : Lake
City : Whiting
Street : Indianapolis
Street Number : 2140
Street Suffix : Boulevard
Postal Code : 46394
Floor Number : 0
Longitude : W88° 30' 19.7''
Latitude : N41° 40' 28''
Directions : Indianapolis Blvd to 2140 across the street from San Luis Restaurant.