$175,000
$169,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
14146 Lauerman ST Cedar Lake, IN 46303
3 Beds
2 Baths
1,496 SqFt
Key Details
Sold Price $175,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,496 sqft
Price per Sqft $116
Subdivision Valleys
MLS Listing ID 512544
Sold Date 07/07/22
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Year Built 1936
Annual Tax Amount $1,015
Tax Year 2021
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 55x134
Property Sub-Type Single Family Residence
Property Description
She ain't pretty but she's cheap! FULLY Tenantable & was occupied just a few weeks ago. Rents w/a little sprucing up throwing some paint & carpet around + basic lawn & maintenance can pull $1,650mo conservatively so for the savvy investor who knows the game to Cash flow it for 7-8 years then renovate & resell for MAX CASH OUT ROI. Comps in area now for a 3bed / 2 car garage near the LAKE and on a basement pushing 250K so if not looking for some passive income and just looking to flip that's welcome as well. DAYlight basement and home was basically remodeled 7-10yrs ago that includedWINDOWS - ROOF- DRYWALL - PLUMBING - ELECTRICAL - INSULATION IN CEILINGS & WALLS - FIXTURES & HARDWARE. That was then - still all newer but prior inhabitants preferred living in squalor so off they went. SELLING AS IS otherwise if seller had the time would add flooring & paint and start over but TIME they don't have. Inspect prior to offering - Ask an agent for offer requirements. Offers Reviewed June 1st
Location
State IN
County Lake
Interior
Interior Features Primary Downstairs
Heating Forced Air, Natural Gas
Fireplace Y
Appliance Built-In Gas Range, Dishwasher, Microwave, Refrigerator
Exterior
Garage Spaces 2.0
View Y/N true
View true
Building
Lot Description Corner Lot, Paved, Sloped
Story One and One Half
Others
Tax ID 451534202004000014
SqFt Source Assessor
Acceptable Financing NRA20240111085221276198000000
Listing Terms NRA20240111085221276198000000
Financing Conventional
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Bought with Northwest Indiana Real Estate