For Sale
$134,000

608 Pine Lake Ave La Porte, IN 46350

Two-unit apartment building, strong rental income.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
128
This charming two-unit apartment building, situated on a 6,100 square foot lot at 608 Pine Lake Ave, La Porte, Indiana 46350, presents a compelling investment opportunity. Built in 1880, this two-story structure offers a total of 1,556 square feet, with each unit comprising two bedrooms and one bathroom. Currently, one unit is occupied, generating a monthly income of $950, while the other is vacant. The lease on the occupied unit expires March 31, 2025. The property is priced at $134,000, representing $67,000 per unit and a price per square foot of $86.12. Given its location in a desirable La Porte neighborhood and the strong rental demand, this duplex offers significant potential for rental income growth and a solid return on investment. The property's age suggests potential for future renovations or upgrades to further enhance its value and rental income. This is an excellent opportunity for investors seeking a well-located, income-generating property in a thriving market. Serious inquiries are encouraged.

Highlights

  • $134,000 asking price for a two-unit apartment building.
  • Located at 608 Pine Lake Ave, La Porte, IN 46350.
  • 1,556 square feet on a 6,100 square foot lot.
  • Two units, each with two bedrooms and one bathroom.
  • Built in 1880, two stories.
  • Currently generating $950 monthly income (one unit vacant).

Property Details for 608 Pine Lake Ave

Property type
Apartment buildings
Square Feet
1,556 SF
Year Built
1880
Buildings
1
Stories
2
Units
2

Location Insight

City
La Porte
County
LaPorte
State
Indiana
Latitude
41.624994545967
Longitude
-86.738129882011
608 Pine Lake Ave, La Porte, Indiana

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FAQs

What type of property is this?
Apartment building - Two-unit apartment building, strong rental income.
Where is the apartment building located?
The property is located at 608 Pine Lake Ave La Porte, IN.
What is the asking price?
The asking price for this property is $134,000.
What are key features of this property?
This property features: $134,000 asking price for a two-unit apartment building.; Located at 608 Pine Lake Ave, La Porte, IN 46350.; 1,556 square feet on a 6,100 square foot lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Tariq Suboh
Tariq Suboh
Andy Page
Visit Broker Website

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Useful Information

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Pine Lake Ave
La Porte, IN 46350

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Pine Lake Ave
La Porte, IN 46350

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

608 Pine Lake Ave
  • Tariq Suboh
    Tariq Suboh
  • Andy Page
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