2335 Warren Street, Lake Station, IN 46405
$994,500
Property Type:
Commercial Sale
Square Footage:
17,125
Lot Size (sq. ft.):
134,600
Status:
Closed
Current Price:
$994,500
List Date:
6/11/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 494792
General Property Information
- Living Area
- 17125
- Building Area Source
- Assessor
- Year Built
- 1953
- Lot Size Acres
- 3.09
- Lot Size Square Feet
- 134600
- Lot Size Dimensions
- IRR
- Builder Name
- National Homes AGES OF HOMES VARY
- 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:
Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Fiberglass; Mixed; Other
Tenant Pays:
Gas; Water
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
Appointment Only
Contract Information
- Auction YN
- No
- Original List Price
- 1100000
- Property Sub Type
- Mixed Use
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 2335
- Street Name
- Warren
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46405
- Subdivision Name
- N/A
Remarks and Miscellaneous
- Public Remarks
- Bolster your inventory with this investor collection of 4 3BR homes and 15 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 construction, 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 $570/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
- 994500
- Concessions
- No
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- Y
Showing Requirements
- Showing Instructions
- Use showing assist
- Appointment Only
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On
Location, Tax, and Legal
- Postal Code +4
- 2534
- Tax Legal Description
- Legal Description: 20 different Legal Descriptions
- Parcel Number
- 450916276005000021
- Township
- Hobart
- Directions
- From Central Ave and County Line, go west to Warren, then north on Warren to property on right hand side. Other properties are spread around neighborhood.
- Cross Street
- 23rd 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
- Fiberglass
- Yes
- Mixed
- Yes
- Other
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Income and Expenses
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- New Taxes Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Tenant Pays
- Gas
- Yes
- Water
- Yes
Current Use
- Multi-Family
- Yes
- Single Family
- Yes
Possible Use
- Other
- Yes
Building Features
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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