For Sale
$469,000

1301 Pennsylvania St Gary, IN 46407

Six-unit apartment building, 100% occupied.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a six-unit apartment building located at 1301 Pennsylvania Street in Gary, Indiana. The property, identified by APN 45-08-10-158-001.000-004, sits on a 0.08-acre lot and is currently 100% occupied, offering immediate cash flow. The building comprises a mix of unit sizes, including two three-bedroom units and four two-bedroom units, catering to a diverse range of tenants. Recent renovations have enhanced the property's appeal and functionality. Each unit is equipped with separate heating and electric meters, providing efficient utility management and cost allocation. Financial details, including income and expense statements, are available upon request, allowing potential buyers to thoroughly assess the property's financial performance and investment potential. This corner lot location in Gary, Indiana (zip code 46407) offers excellent visibility and accessibility. This is a turnkey investment ready for a new owner. Don't miss this chance to acquire a well-maintained, high-occupancy multifamily property in a growing market.

Highlights

  • Fully Leased 6-Unit Multifamily Corner Building
  • Unit Mix: Two 3-Bedroom & Four 2-Bedroom Units
  • Recently Renovated
  • Financial Statements Available Upon Request
  • Individual Unit Electric & Heat Meters

Property Details for 1301 Pennsylvania St

Property type
Apartment buildings
Lot Size (sq. ft)
3,485 SF
Units
6

Location Insight

City
Gary
County
Lake
State
Indiana
Latitude
41.590025934907
Longitude
-87.33302291407

FAQs

What type of property is this?
Apartment building - Six-unit apartment building, 100% occupied.
Where is the apartment building located?
The property is located at 1301 Pennsylvania St Gary, IN.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Fully Leased 6-Unit Multifamily Corner Building; Unit Mix: Two 3-Bedroom & Four 2-Bedroom Units; Recently Renovated
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.
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1301 Pennsylvania St
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