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307 State Street
Laporte, IN 46350

$179,000 - Status: Active
SQFT: 2,519
MLS# 202618634

Excellent value-add investment opportunity in LaPorte! This triplex features all separately metered units, offering simplified management and utility responsibility. One unit has recently been turned and is rent-ready, creating an immediate opportunity for maximum market rent. Another unit is currently rented with a long term tenant at $555/month with room for rental growth. The spacious upper unit offers great layout potential and will be vacant as of 5/30, providing flexibility for renovations, owner occupancy, or increased rental income. Several new windows have recently been added to the property, providing additional value and improvements. Located in a strong rental area with consistent tenant demand, this property offers excellent upside potential for investors looking to improve cash flow and build equity.

Property Features

MLS#: 202618634
Zip: 46350
Subdivision:
Development: Center
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Unfinished
Cooling: None
Days on Site: 30
Heating: Forced Air
Home Style: Triplex
Lot Size: 0.11 acres
Stories: 2.0
Year Built: 1920

Feature Descriptions

Above Grade Finished SQFT: 2519
Amenities: Water Heater Gas
Exterior: Vinyl
Lot Description: Level
Lot Dimensions: 43x115
Owner Pays: Building Insurance, Maintenance
Sale Inclusions: Lease
Sewer: City
Tenant Pays: Electric, Fuel, Water
Total Finished SQFT: 2519
Units: 3
Water: City

Local Schools

High School: La Porte
Middle School: La Porte
Elementary School: Riley
School District: Laporte Community School Corp.

307 State Street | MLS# 202618634

This multi-family property located at 307 State Street, La Porte, IN 46350 is currently listed for sale with an asking price of $179,000. State Street is located within the Laporte Community School Corp. school district. Search La Porte real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: SUNRISE Realty
Agency Contact: Cell: 574-339-8199
Agent Name: Michelle Bordeau

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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