Residential Income For Sale

Well-maintained 4-unit apartment building, multifamily asset located in Crown Point, Indiana sitting on 0.51 acres. Built in 1978, this 4-unit property provides a strong investment opportunity. Prime location near schools, a community park, and local amenities, including on-site laundry facility and hallway storage for occupants. Owner is responsible for water (cold/hot) in units and common area, electricity only in common area, for gas bill in common area, and homeowner association fees. Units are fitted with in-wall electric air conditioning units, electric baseboard heating, and electric appliances including stove. Tenants are responsible for respective electric bills. All units are currently actively occupied, with several occupants living there for several years. First floor units include a walk out patio, second floor units include a balcony. Front of the building provides ample parking spaces. Spacious grass surrounding the building with a small stream behind the property. Brand new, single-layer roof installed in 2017. HOA covers monthly garbage fee, fertilizing lawn 2x/year, and snow removal in the common parking area.