Excellent investment opportunity in Merrillville! 4-unit multifamily property features four approximately 680 sq. ft., 1 bed / 1bath units, with individual mechanicals including central air (tenants pay electric, gas) and in-unit laundry hookups. Current rents below market: two units at 880/month, one vacant unit previously rented for 925/month (new tenant lined up), and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, HVAC in Unit 3. Great upside and location.
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Antje Gehrken(312)339-7655,
A.R.E. Partners Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12701659
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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