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

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.

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
Waterfront YN
No
Builder Name
National Homes AGES OF HOMES VARY

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; Other 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

Historical Information

Public Historical Remarks
Utilities: On
Listing Office: RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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