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  • $341,000

    12986 Colfax St, Cedar Lake, IN 46303

    4beds
    --sqft
    Duplex
    Built in 1977
    -- sqft lot
    $349,600 Zestimate®
    $--/sqft
    $-- Estimated rent

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    What's special

    Prime Investment Opportunity in Cedar LakeDiscover an exceptional investment opportunity in the heart of Cedar Lake. This charming ranch-style multi-unit duplex is perfect for savvy buyers looking to capitalize on rental income or enjoy lakeside living while generating revenue. Rent both units or live in one and lease the other.Recent Renovations:Unit 12986 Colfax (Tenant-Occupied):Fully remodeled in 2022/232 bedrooms, new bathroom, living room, galley kitchen, dining room, laundry/utility roomNew flooring, water heater (2022), dishwasher (2021), refrigerator and washer (2023)Unit 6451 W 129th Ave (Owner-Occupied):Fully remodeled in 20222 bedrooms, bathroom, living room with fireplace, galley kitchen, dining room, laundry/utility roomNew flooring, water heater, microwave and refrigerator (2022)Additional Features:Tenants are responsible for their own utilities and lawn/snow maintenance.Each unit includes a sump pump and features a dry crawl space, ensuring a well-maintained environment.New Commercial grade water softener systemNew maintenance-free solid surface deckPrime Location, situated near the coveted Cedar Lake with numerous amenities. Top rated Crown Point Schools.Walking distance to Lemon Lake, offering a serene and picturesque setting.This well-maintained property offers a unique opportunity to own prime real estate in a sought-after lake community. Don't miss out on this amazing investment potential. Possession subject to tenants' rights.

    Zillow last checked: 8 hours ago

    Listing updated: August 18, 2024 at 07:27am

    Listed by:

    Sladjana Keric,

    @properties/Christie's Intl RE 219-440-0070

    Bought with:

    Christine Swisher, RB17000623

    BHHS Executive Realty

    Source: NIRA,MLS#: 805642MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Washer, Water Softener Owned, Washer/Dryer Stacked, Microwave, Gas Water Heater, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Electric Range, Dryer
    • Laundry: In Unit, Main Level, Laundry Room
    Features
    • Ceiling Fan(s)
    • Basement: Crawl Space,Sump Pump,Exterior Entry
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Finished area above ground: 1,574

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Side By Side, Shared Driveway, On Street, Garage Door Opener, Driveway, Concrete
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Deck, Front Porch
    • Exterior features: Garden
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 0.29 Acres
    • Dimensions: 90 x 140
    • Features: Back Yard, Level, Garden, Landscaped, Corner Lot
    Details
    • Parcel number: 451523427025.000043

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Curbs
    Location
    • Region: Cedar Lake
    • Subdivision: Lemon Lake Estates

    HOA & financial

    Other financial information
    • Total actual rent: 14400

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA,Conventional
    • Road surface type: Asphalt
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $349,600
    2% more+$6,992
    With Zillow Showcase(estimated)$356,592