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- LoopNet Team
5009 Magoun Ave
East Chicago, IN 46312
Multifamily Property For Sale · 6 Units
PROPERTY FACTS
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
About 5009 Magoun Ave , East Chicago, IN 46312
GREAT INVESTMENT OPPORTUNITY. MANY UPDATES: INCLUDING PLUMBING, ELECTRICAL, FURNACES, COMPLETE GUT ON 2 UNITS, NEW CABINETS, NEWER FLOORING, RENTS ARE LOW AND ALLOW FOR INCREASE IN PROFITS. MAIN HOUSE HAS 4 - 2 BEDROOMS, FULLY OCCUPIED. COACH HOUSE HAS 2 - 1 BEDROOM UNITS. UPPER UNIT HAS JUST BEEN REMODELED. 6TH UNIT STILL NEEDS TO BE REWORKED. FULL BASEMENT IN MAIN HOUSE, WITH LAUNDRY HOOK-UPS. LAUNDRY HAS NOT BEEN INSTALLED YET, WHICH ALSO ALLOWS FOR MORE INCOME. LOTS OF ROOM FOR STORAGE THAT IS A POSSIBILITY FOR MORE INCOME. FANTASTIC TENANTS IN THIS PROPERTY! BRING AN OFFER WE CAN'T REFUSE!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 45-03-32-133-004.000-024 | Improvements Assessment | $258,000 |
| Land Assessment | $14,300 | Total Assessment | $272,300 |
PROPERTY TAXES
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