Gary, IN 46407 1162-70 Connecticut Street

1162-70 Connecticut Street Gary, IN - Image 11162-70 Connecticut Street Gary, IN - Image 21162-70 Connecticut Street Gary, IN - Image 3
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1162-70 Connecticut Street Gary, IN - Image 4
Presented By: Nakia Dunlap with Residential Premier RealEstate -
  • MLS# 544852
  • 02/10/2024
  • Request Tour
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  • Beds • 28
  • Baths • 22
  • SQFT • 10,704

Home Details

ATTENTION INVESTORS! ATTENTION INVESTORS!! COME TAKE A LOOK AT THIS MONEY MAKING MACHINE!!! The numbers don't lie. This 87% filled multi-unit (17 out of 19 units across two buildings) boast a great CAP rate at roughly 12%. This is a great addition to any mature portfolio. Also, be sure to ask your lender about your possible DSCR options! Call to schedule your walkthrough today!!!!!!!
Presented By: Nakia Dunlap with Residential Premier RealEstate -

Interior Features for 1162-70 Connecticut Street

Bedrooms

Total Bedrooms28

Bathrooms

3/4 Baths0
Full Baths22
Half Baths
Total Baths22

Other Interior Features

LivingAreaSourceAssessor
Street SuffixStreet

General for 1162-70 Connecticut Street

CityGary
Close Price
CountyLake
DirectionsNorth or South on Broadway; East on 13th Ave. Property on the North corner of 13th and Connecticut.
Electric Expense
Garage Spaces
Gross Income
Insurance Expense13735
Interior FeaturesElevator
Legal DescriptionLegal Description: GARY LAND COS 10TH SUB BLK 14 LOTS 24, 25 & S1/2 LOT 26
Lot Size Square Feet10062
MaintenanceExpense
Net Operating Income119736
OwnerPaysElectricity, Gas, Sewer, Water
Property TypeResidential Income
Standard StatusActive
StatusActive
Street NameConnecticut
Subdivision NameGary Land Companys 10
Tax Assessed Value0
Taxes$6,313
Total Actual Rent184080
Total Rooms0
TownshipCalumet
Trash Expense0
UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available
Year Built1927

Exterior for 1162-70 Connecticut Street

Frontage Length48
Lot Dimensions48x125
Lot Size Acres0.231
Parking FeaturesNone
Total Parking0
Water SourcePublic

Additional Details

Price History

Mark Plesha

Price $1,000,000
MLS#544852
List Date 02/10/2024
Property Type Multi-Family
Phone 219.433.9154
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