Located on Gary’s East Side, this solid brick 4-unit offers a prime value add opportunity with a stable structure ready for a complete gut renovation following fire damage. Fully vacant, the property allows immediate access to rebuild each unit to modern standards, with four income producing units, a detached garage, and a spacious lot adding to its upside. The building consists of one three bed one bath on main level, upper level has a two bed one bath unit and one bed one bath unit, and the basement unit has two beds and one bath. Sold as is and best suited for cash or rehab financing, this is a straightforward project with serious potential to build equity and cash flow.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA837763
Price : $100,000
Bedrooms : 8
Rooms : 17
Bathrooms : 4
Half Bathrooms : 0
Year Built : 1927
Lot Area : 4,138 Sqft
Status : Active
Acres : 0.095
Property Subtype 1 : Quadruplex
Status : Active
Features
Heating System : Hot Water
Basement : Yes
Pet Policy : No
Interior Features : No
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Connecticut
Street Number : 1136
Street Suffix : Street
Postal Code : 46407
Floor Number : 0
Longitude : W88° 39' 54.6''
Latitude : N41° 35' 27.1''
Directions : BROADWAY TO 11TH AVE, EAST ON 11TH AVE TO CONNECTICUT, SOUTH ON CONNECTICUT TO PROPERTY.