Price reduction! HUGE cash flow. This duplex located in La Porte, Indiana, offering an attractive investment opportunity with strong rental income. The property includes two separate units totaling 3 bedrooms and 2 bathrooms. The lower unit features 2 bedrooms and 1 bathroom that was recently leased at $1,100 per month. The upper unit consists of 1 bedroom and 1 bathroom and was previously rented for $925 per month. Tenants are responsible for all utilities. This is a turnkey property, with both units recently remodeled, allowing for minimal upfront capital expenditures. Based on current and recent rental figures, this property performs well above the 1% rule, making it a compelling option for investors seeking consistent cash flow or for an owner looking to live in one unit while renting the other.
Listed By
Agency Name: St. Joseph Realty Group
Agency Phone: 574-250-0893
Agent Name: Adam DeShone
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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809 Rose Street | MLS# 202605285
This single family home located at 809 Rose Street, La Porte, IN 46350 is currently listed for sale with an asking price of $129,900. This property was built in 1870 and has 3 bedrooms and 2 full baths with 1568 sq. ft. Rose Street is located within the Laporte Community School Corp. school district. Search La Porte real estate on www.coldwellbanker1stchoice.com today.