Discover a fantastic investment opportunity in the desirable Laurelwood subdivision on the north side of South Bend! This spacious duplex rental property boasts a generous 4,320 sq ft layout, featuring four bedrooms and four bathrooms, making it ideal for families. Currently, one unit is occupied by a reliable HUD tenant at $1,200 per month on a one-year lease, while the other unit enjoys long-term tenants who have resided there for nine years, providing stability and consistent income. Both units are equipped with attached one-car garages, and tenants are responsible for all utilities. The property includes a full unfinished basement with onsite laundry facilities, offering potential for further development. While the exterior could use some TLC, this duplex presents a unique chance to invest in a thriving rental community. Don't miss out on this opportunity to expand your real estate portfolio! Please reference the following MLS #s for properties available by the same owner: 202432901, 202433824, and 202433833. These may be purchased together as a package.
Closed
$187,000
920-922 Sprucewood Ln, South Bend, IN 46637
4beds
2,304sqft
Duplex
Built in 1979
-- sqft lot
$195,300 Zestimate®
$--/sqft
$1,659 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 18, 2024 at 02:25pm
Listed by:
Natashia F Bontrager Cell:574-202-2752,
McKinnies Realty, LLC
Bought with:
Andy S Kern, RB17000459
Weichert Rltrs-J.Dunfee&Assoc.
Source: IRMLS,MLS#: 202433834
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Conventional
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Laminate Counters
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Concrete
Interior area
- Total structure area: 4,320
- Total interior livable area: 2,304 sqft
- Finished area above ground: 2,304
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage, Paved, Asphalt
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.38 Acres
- Dimensions: 96X174
- Features: 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 710314405002.000004
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City, South Bend Municipal Util
Community & neighborhood
Location
- Region: South Bend
- Subdivision: Laurel Wood(s) / Laurelwood(s)
HOA & financial
Other financial information
- Total actual rent: 23676
Other
Other facts
- Listing terms: Cash,Conventional