Ignite FB Tracking Pixel1848 Truman Street, Portage, IN 46368 - Nicki Barnett
Nicki  Barnett
Nicki Barnett, Listing LeadersPhone: (219) 406-3081
Email: [email protected]
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listing
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Residential IncomeFor Sale
$450,000
1848 Truman Street
Portage, IN 46368
Courtesy of Ellsbury Commercial Group LLC
MLS: Northwest Indiana REALTORS® Association Multiple Listing Service
4Beds
4Baths
Est. Mortgage
$2,423/mo

This 4-unit apartment building in Portage 3 of the 4 units fully updated and rehabbed inside and out. 30 min away from IL and MI border, less than 1 hour away from Downtown Chicago. Each unit is occupied except for one, and the current gross income is about $35,820 annually. All units have one bedroom, 1 bathroom, & a large living room and kitchen. This property is professionally managed, which is an ideal situation for post-acquisition. The owner pays very little for utilities, tenants pay for almost all. This investment property projects to be a 9.5%+ cap rate after a few simple moves. Reach out for detailed data, and to schedule a viewing of the property now!

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Listing information © 2024 Northwest Indiana REALTORS® Association Multiple Listing Service. Listing courtesy of Ellsbury Commercial Group LLC
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