2170 Warren Street, Lake Station, IN 46405
$663,000
Property Type:
Commercial Sale
Square Footage:
11,225
Lot Size (sq. ft.):
90,169
Status:
Closed
Current Price:
$663,000
List Date:
6/11/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 494745
General Property Information
- Living Area
- 11225
- Building Area Source
- Assessor
- Year Built
- 1951
- Lot Size Acres
- 2.07
- Lot Size Square Feet
- 90169
- Lot Size Dimensions
- IRR
- Builder Name
- National Homes, Year Built varies
- Stories
- 0
Property Features
Building Features:
Other
Construction Materials:
Other
Cooling:
None
Current Use:
Multi-Family; Single Family
Electric:
Other
Foundation Details:
See Remarks
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Other
Possession:
Subject To Tenant Rights
Possible Use:
Multi-Family; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Other
Tenant Pays:
Gas; Water
Utilities:
Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 800000
- Property Sub Type
- Mixed Use
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 2170
- Street Name
- Warren
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46405
- Subdivision Name
- Elliotts Park Add
Remarks and Miscellaneous
- Public Remarks
- Expand your inventory with this investor collection of 5 3BR homes and 7 2BR homes plus a 1+1 Duplex. Homes are located on Warren, Warrick, Wayne and Wells Streets. They range from about 750 SF to 850 SF. Simple slab constructon, these homes were built by National Homes. Most have a laundry area/pantry in back near the kitchen. Modest homes with modest yards. Average income approximately $624/month per home. Located in Lake Station just west of Portage. Properties all sold AS-IS in full package ONLY. Sale is subject to Tenant's Rights. NDA required prior to sharing of rent rolls, expenses, etc. Showings will be extremely limited based on tenant cooperation and to only a couple of units. Agent has representative photos of a few homes, and condition does vary house to house given the length of tenancy. This package is a good buy and hold or eventual fix and flip investment, subject to Tenant's Rights.
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:06:56Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-18T02:06:56Z
- Status Change Timestamp
- 2022-03-28
- Offer Acceptance Date
- 2022-01-31
- Close Date
- 2022-03-28
- Close Price
- 663000
- Concessions
- No
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- New Taxes Expense
- 1506
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Use Showing Assist
Historical Information
- Public Historical Remarks
- Utilities: On
Location, Tax, and Legal
- Postal Code +4
- 2531
- Tax Legal Description
- Legal Description: ELLIOT'S PARK BL.1 LOTS 1,2 & N. 1/3 OF LOT 3
- Parcel Number
- 450916205019000021
- Township
- Hobart
- Directions
- From Central Ave and County Line, go west to Warren, then north on Warren to property on left hand side. Other properties are spread around neighborhood.
- Cross Street
- Michigan Ave
Construction Materials
- Other
- Yes
Cooling
- None
- Yes
Electric
- Other
- Yes
Foundation Details
- See Remarks
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Other
- Yes
Possession
- Subject To Tenant Rights
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Other
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- Gas
- Yes
- Water
- Yes
Current Use
- Multi-Family
- Yes
- Single Family
- Yes
Possible Use
- Multi-Family
- Yes
- Other
- Yes
Building Features
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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