See all 18 photos
18 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$399,900
Est. payment /mo
4 Beds
4 Baths
16,466 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 16,466 sqft
Price per Sqft $24
MLS Listing ID 842081
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1966
Annual Tax Amount $7,325
Tax Year 2024
Lot Size 0.378 Acres
Acres 0.378
Property Sub-Type Quadruplex
Property Description
Excellent investment opportunity in Merrillville! 4-unit multifamily property features four approximately 680 sq. ft., 1 bed / 1bath units, with individual mechanicals including central air (tenants pay electric, gas) and in-unit laundry hookups. Current rents below market: two units at 880/month, one vacant unit previously rented for 925/month (new tenant lined up), and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, HVAC in Unit 3. Great upside and location.
Location
State IN
County Lake
Interior
Interior Features Other, Pantry
Heating Individual Unit
Fireplace N
Appliance Gas Range, Refrigerator
Exterior
Parking Features Off Street
View Y/N true
Building
Lot Description Rectangular Lot
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 451215152026000030
SqFt Source Assessor
Acceptable Financing NRA20260709204516305531000000
Listing Terms NRA20260709204516305531000000
Pets Allowed No
Read Less Info
Listed by A.R.E. Partners Inc. • Antje Gehrken
Nearby Locations
GET MORE INFORMATION