4223 Olcott Avenue
East Chicago, IN 46312
- 4 beds
- – baths
- 2,508 sqft
- 5,396 sqft lot
- $57 per sqft
- 1918 build
- – on site
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(NO SHOWINGS UNTIL NOVEMBER 1st) Welcome to this fantastic investment opportunity in East Chicago, IN! This multi-unit property, priced at $150,000, offers immense potential for both seasoned and aspiring real estate investors. The property features three usable units, each with long-standing tenants paying well below market rent, presenting an immediate opportunity for increased cash flow.Situated in a convenient location, this property includes an additional room in the attic, offering the potential for further development and additional income. Recent upgrades include new siding installed just three years ago, a new roof, and updated windows in 2015. The furnace, located both in the basement and attic, ensures efficient heating throughout the property.Furthermore, the property boasts newer electrical systems and a water heater installed in 2019, contributing to the overall low maintenance of the building. A detached garage and ample backyard space add to the property's appeal.
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Last updated Aug 4, 2024
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MLS# 539529 —
The Building
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Year Built:1918
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Basement:Crawl Space, Full
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Basement:true
Interior
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Interior Features:Elevator
Room Dimensions
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Living Area:2508
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Living Area Source:Owner
Financial & Terms
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Lease Term:Month To Month
Location
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Directions:Continue on Magoun Ave. Drive to Olcott Ave,Turn left onto Magoun Ave,Turn right onto W 144th St,Turn left onto Olcott Ave.
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Latitude:41.636738
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Longitude:-87.479053
The Property
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Parcel Number:450329206010000024
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Property Subtype:Triplex
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Lot Size Acres:0.1239
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Lot Size Square Feet:5396
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Lot Size Dimensions:5396
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Frontage Length:38
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Fencing:Fenced
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:Legal Description: RESUBDIV. PT. N.E. S.29 T.37 R.9 S2. L.15 BL.5 ALL L.16 BL.5
Beds
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Total Bedrooms:4
Baths
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Full Baths:3
Utilities
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Utilities:Electricity Available, Natural Gas Available, Sewer Available
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Water Source:Public
The Community
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Subdivision Name:N/a
Parking
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Garage:true
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Parking Features:Detached
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
