Investor-ready duplex with immediate cash flow and upside potential! This updated duplex is currently fully occupied with two tenants, generating strong monthly rental income. One unit rents for 1,387/month and the second for 1,295/month. Both units feature updated interiors with durable luxury vinyl plank flooring, offering a modern look with low maintenance–ideal for long-term investment performance. A major bonus: the sale includes an adjacent lot, creating added value and future potential. Whether you’re looking to expand, hold for appreciation, or add flexibility to your portfolio, this extra parcel sets the property apart. A solid opportunity for investors seeking immediate income, updates already in place, and additional land value–all in one purchase.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA834036
Price : $319,900
Bedrooms : 4
Rooms : 8
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1963
Lot Area : 9,365 Sqft
Status : Active
Acres : 0.215
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air, Natural Gas
Pet Policy : Yes
Parking : Detached, Off Street
Interior Features : Other
Appliances
Appliances : Refrigerator, Range
Address Map
Country : US
State : IN
County : Lake
City : Griffith
Street : Elgin
Street Number : 132-136
Street Suffix : Street
Postal Code : 46319
Floor Number : 0
Longitude : W88° 33' 30.3''
Latitude : N41° 31' 17.3''
Directions : Cline exit south to west on Main St. to South on Elgin Ave