Opportunity knocks! This fully occupied, four-unit apartment building is a great acquisition for your investment portfolio. Offered for sale by the original owner, the building is situated on an oversized corner lot and has been well maintained, including a brand-new roof installed in 2024.Each of the four units features a highly functional layout. The main floor offers a spacious living room, a half bath, dedicated laundry hookups, and an open kitchen equipped with a refrigerator, stove, and range hood. Sliding doors off the kitchen lead to a private rear patio. Upstairs, each unit provides two comfortable bedrooms and a full bathroom. Current rents are below market value, and all tenants are currently on month-to-month leases. This gives you the immediate opportunity to adjust rates or implement your own leasing structure to maximize cash flow . Multi-unit properties with this much upside and strong pride of ownership rarely hit the market--schedule your investment tour today!
Listed By
Agency Name: Countryside Realty
Agency Phone: (219) 987-7355
Shown By
Agent Name: Kim Porter
Agent Phone: (219) 878-3328
Agency Title: Coldwell Banker 1st Choice
Coldwell Banker 1st Choice Kim Porter (219) 878-3328
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812 8th Street SE , Demotte, IN 46310.
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812 8th Street SE , Demotte, IN 46310.
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812 8th Street SE | MLS# 843723
This multi-family property located at 812 8th Street SE , Demotte, IN 46310 is currently listed for sale with an asking price of $524,900. 8th Street SE is located within the Kankakee Valley school district. Search Demotte real estate on www.kimyourrealtor.com today.