2140-2148 Indianapolis BLVD Active

Whiting,IN 46394

$ 349000

9 Beds

4 Baths

36154 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 36,154 sqft

Price per Sqft $9

Subdivision Forsyth Indiana Blvd

MLS Listing ID 807173

Bedrooms 9

Full Baths 4

Year Built 1922

Annual Tax Amount $6,040

Tax Year 2023

Lot Size 0.830 Acres

Acres 0.83

Property Description

MULTI-FACETED INVESTMENT OPPORTUNITY within minutes of vibrant 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St. Joseph! Sale includes 2 SEPARATE LARGE HOMES, a 10+ car parking lot, and ADDITIONAL VACANT LOTs to the East & West waiting for YOUR vision! The city is open to hearing building plans for the empty areas. Both homes are currently rented to long-term tenants on Month-to-Month leases. 2142 (rented for 1,525 monthly) has 3 bedrooms, 2 full bathrooms (one in hobby space and one in living area), a large eat-in kitchen with family room area, hobby space, and in-unit laundry. 2144 (rented for 1,555 monthly) has 6 bedrooms, 2 full bathrooms (one on each floor), and is freshly painted with new floors. On the main level is the kitchen, living room, and 3 bedrooms (one with a walk-in closet), upper level has an additional large family room area, 3 more bedrooms, and in-unit laundry. One water bill paid by the owner, tenants pay their own NIPSCO (gas/electric).FUTURE DEVELOPMENT of the vacant areas (with ample parking) makes this a particularly appealing asset to invest in! Take your time with plans while collecting 3080 in monthly rental income from the existing homes.

Location

State IN

County Lake

Zoning Residential

Interior

Interior Features Eat-in Kitchen,Storage,Walk-In Closet(s),Recessed Lighting,In-Law Floorplan

Heating Forced Air,Natural Gas

Fireplace N

Appliance Gas Water Heater,Refrigerator,Oven

Exterior

Exterior Feature Private Yard

View Y/N true

View true

Building

Lot Description Cleared,Level,Irregular Lot

Story Two

Schools

School District Hammond

Others

Tax ID 45-03-07-426-009.000-023

SqFt Source Assessor

Acceptable Financing NRA20240719214155515004000000

Listing Terms NRA20240719214155515004000000

Pets Allowed Number Limit

View More
Favorite Go Tour