Nice updated 3 unit building. Almost everything has been replaced. New furnaces, hot water heaters, electrical, and units updated. Building is currently completely rented under professional management. Management company can continue with the new owner. Rental income is $1515 per month for all three units. Basement tenants have occupied 7+years. This is a great building to walk in and start making money without making repairs. Taxes and insurance are low. Owner pays common area electric and Gary Sanitary. Currently insured for $85 per month and taxes are only $1285 a year.
Off market
$72,800
1236 W 17th Ave, Gary, IN 46407
6beds
3baths
2,484sqft
MultiFamily
Built in 1915
-- sqft lot
$-- Zestimate®
$29/sqft
$1,441 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced air
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,484 sqft
Property
Parking
- Parking features: On-street
Lot
- Size: 5,488 sqft
Details
- Parcel number: 450809302069000004
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Asphalt
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Gary