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About This Home
This 0-bedroom, 0-bathroom residential multi family at 601 Delaware Street in Gary, IN is listed for $610,000 ($63 per sqft). Built in 1920, the home offers 9,656 sqft of living space on a 0.17 acres lot.
ATTENTION ALL INVESTORS!!!!! ADD THIS BEAUTY TO YOUR PORTFOLIO!!!! Nestled in the heart of downtown Gary, this building offers endless opportunities to increase your cash flow. This brick building offers 8 fully rehabbed units (northside offers open concept and the southside offers a more traditional layout).
All units are two bedrooms w/ 1 bath but 1 bedroom is the size of two!!!! All properties have been remodeled down to the bones with new furnaces and water heaters in every unit along with new cabinets as well. There are also new windows on the south side of the building 6 units renting at/ for 1100 and 1 unit rented at 900 and the other at 1000 (that's a grand total of 8500 per month in rental income).
The seller is also willing to package another single family rental along with this property. The address is 5025 e 13th Ave in Gary Indiana.
Key Features
- Built in 1920
- 0.17 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,262/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
601 Delaware Street
Gary, IN 46402
Gary Land Companys 01
Features & Amenities
Interior Features
Exterior Features
Property Details
Views
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 601 Delaware Street is listed at $610,000 ($63/sqft). The estimated monthly payment is $2,643 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.17 acre lot. Interior Features: Open Floorplan, Recessed Lighting, Pantry. Exterior Features: Private Yard, Rain Gutters.
This property is listed by Paul Dunlap and can be reached at 2197460121 or teamdunlap@residentialpremier.com.
