An ideal investment for small to mid-size multifamily investors or owner occupants seeking a low-maintenance, low expense property. Built in 1981, this four-unit, condo style building has an average unit sq ft of 856. Each unit features furnace heat, AC, individual water heaters, and in-unit washer and dryer. Two of the four units have been recently remodeled, giving the property a modern, move-in-ready appeal. The landlord is responsible only for common electricity, while tenants cover heat, water, sewer, trash, lawn care, and washer/dryer usage, minimizing operating responsibilities. All units are condo-style, enhancing appeal to long-term tenants.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA833117
Price : $539,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1981
Lot Area : 14,201 Sqft
Status : Active
Acres : 0.326
Property Subtype 1 : Quadruplex
Status : Active
Features
Heating System : Forced Air, Natural Gas
Pet Policy : Call
Parking : Off Street, Alley Access
Interior Features : No
Appliances
Appliances : Refrigerator, Dishwasher, Gas Range
Address Map
Country : US
State : IN
County : Porter
City : Valparaiso
Street : Sturdy
Street Number : 2201
Street Suffix : Road
Postal Code : 46383
Floor Number : 0
Longitude : W88° 57' 46.1''
Latitude : N41° 29' 17.8''
Directions : 49 to Vale Park Rd. Left onto Sturdy Rd