Welcome to your newest investment property. This front/back 2 unit is perfect addition to your portfolio or house hack it and live in the front. Both units have updated luxury plank flooring, fresh paint, and many other updates. The flat roof is less than a year old. Plenty of room for rent improvements with the unused basement space and garage. Back unit is occupied and has a great payment history. Owner pays water/sewer and residents are responsible for Nipsco. Great cash flowing property.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 8
- Basement Features: Unfinished
Appliances
Bathrooms
Heating and Cooling
- Heating Features: Forced Air, Natural Gas
Exterior and Lot Features
Land Info
- Lot Size Acres: 0.0815
- Lot Size Square Feet: 3550
Garage and Parking
- Garage Spaces: 2
- Garage Description: Total Spaces: 2.5
Home Features
Rental Info
- Gross Income: 21300
- Gross Scheduled Income: 21300
- Rent Includes: Sewer, Water
Homeowners Association
- Association Fee Frequency: Annual
- Pets Allowed: Size Limit
School Information
- High School District: City of East Chicago
- School District: City of East Chicago
Multi-Unit Info
- Number of 2 Bedroom Units: 2
Other Property Info
- Annual Tax Amount: 2844
- Source Listing Status: Active
- County: Lake
- Cap Rate: 9.5
- Directions: From 150th, turn north on Tod
- Tax Year: 2025
- Source Property Type: Residential Income
- Property Subtype: condo
- Source Neighborhood: City/East Chicago
- Owner Pays: Grounds Care, Water, Snow Removal, Sewer
- Parcel Number: 450329256012000024
- Subdivision: City/East Chicago
- Township: North
- Property Subtype: Apartment
- Source System Name: C2C
Commercial Info
- Net Operating Income: 14600
Building and Construction
- Year Built: 1913
- Above Grade Finished Area: 1188
- Below Grade Unfinished Area: 1188
- Levels: One
- Property Age: 112
Utilities
- Sewer: Public Sewer
- Water Source: Public