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  • $155,000

    1226 W 15th Ave, Gary, IN 46407

    4beds
    2,316sqft
    Triplex
    Built in 1918
    -- sqft lot
    $161,900 Zestimate®
    $67/sqft
    $1,119 Estimated rent

    What's special

    Unlock the potential with this Multi unit 3 unit building for increased returns with this unique investment opportunity! In this multi-unit building, the owner resides in the main unit, presenting a rare chance to maximize rental income (as no rental income is currently brought in from the main floor unit). As the owner occupies their space, there's an opportunity to capitalize on this by renting out that unit for additional rental income, providing an additional stream of revenue for savvy investors. All units are on their own gas and electric meters. Plumbing is all new with pex, and all electrical has been updated. Every unit has a new furnace and hot water heater. 1 studio apartment in the lower level, 2 bedrooms and 1 bath on the main level and 1 bedroom 1 bathroom upstairs.

    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2024 at 02:51pm

    Listed by:

    Michele Cacovski,

    Century 21 Circle 219-661-3000

    Bought with:

    Michele Cacovski

    Century 21 Circle

    Source: NIRA,MLS#: 542343MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Laundry: In Unit, Other
    Features
    • Elevator
    Interior area
    • Total structure area: 2,316
    • Total interior livable area: 2,316 sqft
    • Finished area above ground: 2,316

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Patio & porch: Deck, Patio, Porch
    • Frontage length: 35
    Lot
    • Size: 4,356 sqft
    • Dimensions: 35 x 125
    Details
    • Parcel number: 450809160013000004

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available

    Community & neighborhood

    Location
    • Region: Gary
    • Subdivision: Smith Bader Davidson Companys

    HOA & financial

    Other financial information
    • Total actual rent: 18600

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $161,900
    2% more+ $3,238
    With Zillow Showcase(estimated)
    $165,138