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Key Details
Sold Price $465,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 9,187 sqft
Price per Sqft $50
Subdivision Agnes Roberts Sub
MLS Listing ID 815598
Sold Date 01/31/25
Bedrooms 10
Full Baths 5
Three Quarter Bath 3
Year Built 1926
Tax Year 2023
Lot Size 9,186 Sqft
Acres 0.2109
Property Sub-Type Apartment
Property Description
Fully occupied turnkey 5 unit in Whiting. A 4 unit brick building in front, a SFH brick building in back, a 3rd structure for your future development, and tons of green space the residents love. Professionally managed with 6 wonderful long-term tenants that take phenomenal care of the property. You better keep the grass cut meticulously with perfect line :) This is one of our easiest properties to manage. Property is grossing over $66K annually and includes coin-op laundry and extra storage. Currently listed at 9.5 cap with room for additional rent growth. Ask your agent for rent roll and financial documents.
Location
State IN
County Lake
Interior
Interior Features Ceiling Fan(s), Storage, High Ceilings, Laminate Counters
Heating Forced Air, Natural Gas
Fireplace N
Appliance Other
Exterior
Exterior Feature Courtyard, Private Yard
Garage Spaces 2.5
View Y/N true
View true
Building
Lot Description City Lot, Private, Level, Landscaped, Few Trees
Story Two
Others
Tax ID 450306382043000023
Acceptable Financing NRA20250131224850725096000000
Listing Terms NRA20250131224850725096000000
Financing Conventional
Pets Allowed No
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Bought with Simplify Your Move! Realty Inc