Investment Portfolio – 5 Properties Offered as a Package Only | South Bend, IN Serious investors only. This is a turnkey opportunity to acquire a 6-unit rental portfolio: 4 single-family homes and 1 duplex being sold strictly as a bundle. Portfolio Highlights: • Total Current/Pro Forma Gross Monthly Rent: $7,248 • Strong Section 8 / tenant-friendly units with proven demand • Mix of stabilized cash-flowing properties + one vacant unit ready for immediate occupancy • All properties located in South Bend with solid rental histories Individual Properties Included: • 112 E Bowman St – Duple: Unit 1: $959 | Unit 2: $1,162 | Total: $2,121/month • 1230 N Meade St – Single Family (2 bed / 1 bath) Currently rented at $1,050/month • 1514 N Adams St – Single Family (3 bed / 1 bath) Currently rented at $1,375/month • 1654 O’Brien St – Single Family (3 bed / 1 bath) currently occupied and current rent at $1,350/month (Section 8 ready) • 2207 Roger St – Single Family (3 bed / 1 bath) Currently rented at $1,352/month Property Snapshot – 1654 O’Brien St (featured unit): This 3-bedroom, 1-bath single-family home (built 1949) sits on a nice-sized lot and offers classic South Bend charm with a tenant-friendly layout. Main level features hardwood floors, two bedrooms, and a full bath. The upper level has a large third bedroom. Basement provides additional storage and potential to finish for added value. Currently vacant and ready for possession. Whether you’re an experienced investor looking to expand your holdings or seeking a well-located portfolio with immediate cash flow, this package delivers strong income potential and long-term appreciation in a proven rental market. Bundle Sale Only – No individual properties will be sold separately. Serious inquiries only. Proof of funds required prior to showings.
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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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