See all 2 photos
2 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
$395,000
Est. payment /mo
8 Beds
3 Baths
69,783 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 69,783 sqft
Price per Sqft $5
MLS Listing ID 819831
Bedrooms 8
Full Baths 3
Year Built 1995
Annual Tax Amount $5,075
Tax Year 2024
Lot Size 1.602 Acres
Acres 1.602
Property Sub-Type Quadruplex
Property Description
Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter CountyDiscover the potential of this unique rural property situated on 1.6 acres in desirable Porter County. Currently configured as a 3-unit income-producing property, it offers a fourth unit partially built out--ready for your finishing touches. Live in one unit while generating income from the others, or lease all four for maximum returns.Gross Annual Income - 38,400 with significant upside when the 4th unit is completed and new leases are securedFlexibility - Easily convert into a spacious single-family homestead or keep as a lucrative rental investmentLand - Expansive 1.6-acre lot with privacy and room for potential future additions or enhancementsFinancing - Owner financing may be consideredDon't miss this rare chance to own a versatile, income-generating property in a peaceful rural setting with plenty of upside. Call to schedule walk-through today.
Location
State IN
County Porter
Interior
Interior Features None
Heating Forced Air
Fireplace N
Appliance Dryer, Washer, Refrigerator
Exterior
Exterior Feature Private Yard
View Y/N true
View true
Building
Lot Description Back Yard
Story One
Others
Tax ID 640930301002000019
SqFt Source Assessor
Acceptable Financing NRA20250429155659906840000000
Listing Terms NRA20250429155659906840000000
Pets Allowed No
Read Less Info
Listed by Weichert, Realtors-Moke Agency