Residential Income For Sale

1735 Fairbanks Street, Griffith, Indiana

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Property Description

RARE 2-UNIT OPPORTUNITY IN LAKE CENTRAL SCHOOL DISTRICT! This unique property features two separate homes on one lot, offering flexible living and potential income opportunities. The primary home, approx. 1,200 SF, offers 3 bedrooms and 2 full baths, while the second home, approx. 800 SF, includes 2 bedrooms and 2 full baths: both fully updated from top to bottom. Brand new kitchens with quartz countertops, stainless steel appliances, fully remodeled bathrooms, updated flooring, lighting, and fixtures throughout, major mechanicals under 2 years old, brand new well systems. Situated on over 1 acre, this property also includes a detached 2-car garage and offers privacy rarely found in this area. Potential Investment Highlights: Two separate living spaces; Opportunity for rental income or multi-generational living; No known immediate renovation needs; Flexible use: owner-occupy and rent, or full rental. Estimated rental potential based on market data may be approximately 4,000 per month; buyers to verify all income and expenses. Opportunities like this: updated properties with multiple living spaces on acreage; are limited in this area & don’t hit the market often, so schedule your showing today!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA835951
Price : $449,900
Bedrooms : 5
Rooms : 10
Bathrooms : 3
Half Bathrooms : 0
Year Built : 1948
Lot Area : 46,827 Sqft
Status : Active
Acres : 1.075
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air, Natural Gas
Pet Policy : Dogs Ok, Cats Ok
Parking : Detached, Driveway, Additional Parking
Exterior Features : Fire Pit
Interior Features : Ceiling Fan(s), Stone Counters
Appliances
Appliances : Microwave, Dryer, Refrigerator, Washer, Water Softener Owned, Gas Range, Stainless Steel Appliance(s), Gas Water Heater
Address Map
Country : US
State : IN
County : Lake
City : Griffith
Street : Fairbanks
Street Number : 1735
Street Suffix : Street
Postal Code : 46319
Floor Number : 0
Longitude : W88° 34' 58.8''
Latitude : N41° 29' 39.9''
Directions : W 93rd Ave; turn right onto Cline Ave; take the third exit at the roundabout for Cline Ave; right onto E Joliet St; turn left onto Fairbanks St; property is on the right.
Subdivision : N/a
Township : St. John
MLS Addon
Office Name : Real Broker, LLC
Listing Agent MLS ID : NRA15441
Listing Office MLS ID : NRA2200
Annual Tax Amount : $2,111
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA835951
  • Bedrooms : 5
  • Bathrooms : 3
  • Lot Area : 46,827 Sqft
$449,900
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent