Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.
Listed By
Agency Name: Ellsbury Group
Agency Phone: (219) 200-5133
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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1291-1297 Lake Charles Avenue , Porter, IN 46304.
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1291-1297 Lake Charles Avenue , Porter, IN 46304.
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1291-1297 Lake Charles Avenue | MLS# 842347
This multi-family property located at 1291-1297 Lake Charles Avenue , Porter, IN 46304 is currently listed for sale with an asking price of $575,000. Search Porter real estate on www.coldwellbanker1stchoice.com today.