Turnkey Cash-Flow Property in Gary’s Westside An ideal opportunity for buy-and-hold investors, this charming 2-bedroom, 1-bathroom cottage is fully rented out and a proven income-generator. Built in 1925, the 720-square-foot home sits on a manageable corner lot and offers instant ROI from day one. Current Occupancy: Fully tenant-occupied through November 30, 2026. Rental Income: Currently producing 975 per month. Tenant Responsibilities: Tenant is responsible for all utilities (electric, gas, water, and trash) as well as lawn maintenance, ensuring low overhead for the owner. Property Highlights: Compact, efficient 720 sq. ft. layout. Corner lot location with off-street parking. Features a basement. Seller just put on a brand new architectural shingle roof. Strong rental demand in the immediate area. This property is a “money maker” for investors looking for a stable addition to their portfolio with a long-term lease already in place.
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NRA832608
Price : $74,900
Bedrooms : 2
Rooms : 2
Bathrooms : 1
Half Bathrooms : 0
Square Footage : 720 Sqft
Year Built : 1925
Lot Area : 3,746.16 Sqft
Status : Active
Acres : 0.086
Property Subtype 1 : Single Family Residence
Status : Active
Features
Heating System : Forced Air
Basement : Yes
Interior Features : Other
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : 11th
Street Number : 4633
Street Suffix : Avenue
Postal Code : 46406
Floor Number : 0
Longitude : W88° 36' 18.4''
Latitude : N41° 35' 28.6''
Directions : Head north on Broadway 2.3 mi Turn left onto 45th St 1.0 mi Turn right onto Richard Gordon Hatcher Blvd 0.8 mi Turn left onto W Ridge Rd 2.0 mi Turn right onto Clark Rd 3.0 mi Turn left onto W 11th Ave Destination will be on the left