4509 Magoun Ave

Turnkey cash-flow opportunity in East Chicago. This fully occupied three-unit property features three 3-bedroom, 1-bath units with all tenants in place, providing immediate rental income from day one. Current rents are below market, giving the next owner a clear value-add opportunity through future rent increases as leases turn over. Each unit is separately metered, helping reduce operating expenses and making management more efficient. Whether you’re looking to expand your rental portfolio or execute a long-term BRRRR strategy, this property offers strong upside with stable occupancy and room to increase returns over time. Cash or conventional financing welcome. Contact for current rent roll, lease information, and additional property details. Mike 219-900-7007