Residential Income For Sale

244 Burnham Street, Lowell, Indiana

QR Code
Property Description

A versatile property with something to offer for a wide range of buyers. The fully remodeled upstairs one-bedroom apartment with its own private entrance and kitchen functions beautifully as a mother-in-law suite, a rental income unit, or additional living space. The main residence features three bedrooms, two and a half baths, and a full kitchen, and together the two units offer four bedrooms plus a bonus room across 2216 square feet on .44 acres with a nice backyard and deck. This property works in multiple ways depending on what you need. Use both units as a traditional rental investment. Live in the main unit and let the upstairs apartment help cover your mortgage. Or open up the space entirely and enjoy four bedrooms plus a bonus room — complete with two full kitchens. Both current tenants are reliable, long-term renters on flexible month-to-month arrangements who are willing to stay — or the space can be reconfigured to fit your vision with reasonable notice. Whether you’re an investor, a growing family, or someone looking for flexible living with built-in income potential, this property has options.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA836252
Price : $299,999
Bedrooms : 5
Rooms : 11
Bathrooms : 4
Half Bathrooms : 1
Year Built : 1903
Lot Area : 19,384 Sqft
Status : Active
Acres : 0.445
Property Subtype 1 : Apartment
Status : Active
Features
Heating System : Hot Water, Zoned
Basement : Yes
Pet Policy : No
Parking : Paved
Exterior Features : Rain Gutters, Private Yard, Fire Pit
Interior Features : Pantry, Laminate Counters
Appliances
Appliances : Microwave, Dryer, Refrigerator, Washer, Dishwasher, Gas Range
Address Map
Country : US
State : IN
County : Lake
City : Lowell
Street : Burnham
Street Number : 244
Street Suffix : Street
Postal Code : 46356
Floor Number : 0
Longitude : W88° 35' 4.8''
Latitude : N41° 17' 39.5''
Directions : Rt. 2 to Burnham Street, Go North to home.
Subdivision : None
Township : Cedar Creek
MLS Addon
Office Name : Evers Realty Group
Listing Agent MLS ID : NRA18645
Listing Office MLS ID : NRA694
Annual Tax Amount : $5,134
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA836252
  • Bedrooms : 5
  • Bathrooms : 4
  • Lot Area : 19,384 Sqft
$299,999
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent