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Off-Market

523 W Columbus Dr

East Chicago, IN 46312, USA

List price

$93,000

4

beds

2

baths

1,840

sq ft

1912-01-01

built

Multi Family

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Story

This East Chicago Indiana duplex consists of 2 - 2 bedroom / 1 bathroom units and is 100% occupied to be your next cash flowing investment property. Currently bringing in $12,600/year and based on area market rent has the potential for $18,912/year with a 14.35% Cap Rate Proforma! The tenants pay all utilities except water. It is self-managed now, but we have professional property management company that can step in to manage it for you. Easily add this one to your real estate portfolio before it's gone!

Property details

12 details the seller has shared

12 details

Property

· The bones — what the buyer sees first

Bedrooms

4

Full baths

2

Above-grade sq ft

1,840 sq ft

Year built

1912

Stories

1

Units

2

Property type

Multi Family

Occupancy

Rental Property

County

Lake

Financials

· What it earns and what it costs to hold

ARV (after repair)

$127,667

Monthly cash flow

$1,050 /mo

Features

· Comfort, climate, and curb appeal

Basement

Partially Finished

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