213 Fagen St, Dyer, IN 46311

LOCATION, LOCATION, LOCATION!! Calling all investors looking for an amazing investment property opportunity. Located close to the IL border and Route 30, offering a quick commute to shopping, restaurants and major highways. Current rent on 213E is wicked low at $500 and has been in place for years from long term tenant but currently is month to month. with 30 day notice the seller can have current tenant vacant for the following month, 213W is also low at $735.00 and lease expires Oct. 18 2024 8pm. Estimated projected rent should be $1200.00-$1400.00 each side and that's being conservative for the location. At current list price with current taxes and estimated insurance at $1200 per year factoring in 1 month vacancy each unit annually and 7000.00 budgeting for repairs over the next 5 years,$1400.00 a year. Even at a 200,000.00 sale the return on investment is an easy 12% Net ROI. Priced to sell, Selling AS IS include addendum with all offers! 24 hour Notice required for all showings.UPDATE: July 14th 4:00pm multiple offers have been received, all offers should be turned in by Monday July 15th 5:00pm Central Time. Suggest leaving expirations open until 5:00pm Tuesday so your offer can be acknowledged before expiring. Seller will respond to final offer acceptance by EOB Tuesday July 16th.