Map
Listed price in listed location currency (USD).
$2,450,000

0032

MLS® 844656

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size 21280 sqft
Garage No
Maintenance Fees 
Taxes $35,324
Days Active 8
Approx. Age 2000
Avg. Price Per Sqft $115
MLS® Number 844656

Property Address: 40-1326-40 Lake Charles Ave, Porter, IN, 46304-9763

Average square foot calculated using Size range provided by listing agent.

Description

Excellent multifamily investment opportunity in Porter consisting of 16 townhome-style units across two nearby properties: 1326-1340 Lake Charles Ave and 1365-1379 Lawson Ln. The portfolio offers approximately 21, 280 SF of total building area on approximately 1.69 combined acres. All 16 units feature spacious 2-bedroom, 1.5-bath layouts with in-unit laundry hookups, private outdoor space and individually metered utilities. Tenants are responsible for electric, gas, water/sewer and trash, helping maintain a low owner expense load. The Lawson property also includes six detached garage spaces providing additional income potential. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Strong opportunity to acquire a sizable multifamily portfolio in an established Northwest Indiana rental market. Sale includes both properties for a total of 16 units. Contact listing broker for offering memorandum, financials and additional information.
MLS® Number844656
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2000
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/C

Extras

Map

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