Wanted: new owners/investors! Nestles in the heart of Gary, this all-brick, remodeled 3-unit apartment brings in $2900/month with one VACANT unit. Walking distance to the Railcats stadium ensures entertainment options just around the corner. The nearby toll road also makes commuting a breeze, providing convenience for both tenants and potential resident/owner. Not just a home but an investment in a great location at a current 9.5% CAP rate.
Closed
$280,000
441 Connecticut St, Gary, IN 46402
9beds
--sqft
Apartment
Built in 1931
-- sqft lot
$284,300 Zestimate®
$--/sqft
$1,421 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 12, 2024 at 11:09am
Listed by:
Christine Coughlin,
Listing Leaders 219-462-5478,
Cristina Schmal-Jimenez
Bought with:
Christine Coughlin, RB17000971
Listing Leaders
Source: NIRA,MLS#: 803266
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiant, Steam, Separate Meters
Appliances
- Included: Built-In Electric Oven, Washer, Free-Standing Refrigerator, Electric Water Heater, Dryer
- Laundry: Common Area, Washer Hookup, Laundry Room, Main Level, Electric Dryer Hookup, Inside
Features
- High Ceilings, Wired for Data, Pantry, Soaking Tub, Recessed Lighting, Primary Downstairs, Open Floorplan, Natural Woodwork, High Speed Internet
- Windows: Double Pane Windows, Screens, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Finished area above ground: 3,861
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Unassigned, Garage Faces Rear, Paved, Outside, Off Street, Detached, Alley Access
- Garage spaces: 3
Accessibility
- Accessibility features: Accessible Bedroom, Safe Emergency Egress from Home, Walker-Accessible Stairs, Common Area, Accessible Washer/Dryer, Accessible Stairway, Accessible Kitchen Appliances, Accessible Hallway(s), Accessible Doors, Accessible Common Area, Accessible Closets
Features
- Levels: Three Or More
- Patio & porch: None
- Exterior features: Awning(s), Storage, Lighting
- Pool features: None
- Fencing: Back Yard,Front Yard,Fenced,Chain Link
- Has view: Yes
- View description: City, Neighborhood, Downtown, City Lights
- Frontage length: 31
Lot
- Size: 3,963 sqft
- Dimensions: 125 x 31
- Features: Back Yard, Near Public Transit, Level, Front Yard, Few Trees, City Lot
Details
- Parcel number: 450803155005000004
- Zoning description: Residential
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1931
Utilities & green energy
- Electric: 220 Volts, Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Connected, Water Available, Sewer Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Cable Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Varies By Unit, Smoke Detector(s), Fire Alarm
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Gary
- Subdivision: Gary Land Companys Add 01
HOA & financial
Other financial information
- Total actual rent: 34800
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Owner Assisted,FHA,Conventional
- Road surface type: Paved
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$284,300
2% more+$5,686
With Zillow Showcase(estimated)$289,986