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1716 Carolina St, Gary, IN 46407, USA

$36,300

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If you like projects, this could be the one for you! This is duplex with two 2 bedroom/1 bath units on a nice block in Gary, IN.  Owner pays the water and sewer while the tenants pay the gas and electric. For 2 bedroom units in the area average rent is $934 giving this property a pro forma NOI of $16,099! There is also additional space in the basement that could be converted into another unit. This is a chance to update the units, bring in professional management and get a nice cash flow!