ALL-BRICK RARE INVESTMENT OPPORTUNITY! TWO SEPARATE HOMES ON ONE PROPERTY--each with its own basement and garage...The first home (South Unit) features 3 bedrooms, 1 bath, 1,127 sq. ft., and a 1-car garage...The second (North Unit) offers 2 bedrooms, 1 bath, 1,063 sq. ft., and a 2-car garage...Located in beautiful Cedar Lake...This could be an excellent owner occupy or investment property with long-term investment potential...THERE IS A PICTURE OF EVERYROOM IN THE LISTING...Both homes feature hardwood floors, covered porches, separate basements, and separate garages...Each unit includes a stove, refrigerator, washer, dryer, and an owned water softener...Large backyard provides additional outdoor space for tenants or owner occupants...Major updates include HVAC (2019), roof (2019), water heaters and appliances (2017), well and pump (2014), windows (2010), and blown-in insulation (2009)...Current tenant pays 1,250 (well below market) per month plus gas and electric...Owner currently pays approximately 78 per unit for sewer and garbage service...Property is being sold AS IS with no repairs...Seller discloses minor basement seepage in the South Unit during extreme rainfall events...North Unit experienced minor seepage only after the unusually heavy June 16-18 rain event, which the tenant indicated was the first occurrence in three years...Both chimneys need some repair (OTHER THAN THAT THESE ARE SOLID UNITS)...Hanover schools...Close to dining & shopping...Neither covered porch was ever intended to be used as an entrance that is why there is no stairs to the covered porches...Both covered porches are missing a piece of wrought iron railing...We have both pieces of railing.
Listed By
Agency Name: BHHS Executive Realty
Agency Phone: (219) 663-1986
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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13131-35 Schneider Street | MLS# 841036
This multi-family property located at 13131-35 Schneider Street , Cedar Lake, IN 46303 is currently listed for sale with an asking price of $369,000. Search Cedar Lake real estate on www.coldwellbanker1stchoice.com today.