608 Pine Lake AveLa Porte, IN 46350
- Apartment buildings
- 1,556 SF
Property Details for 608 Pine Lake Ave
- Year built
- 1880
- Property size (Sq ft)
- 1,556 SF
- Property type
- Apartment buildings
Description
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.
Location Insight
- City
- La Porte
- County
- LaPorte
- State
- Indiana
- Latitude
- 41.625
- Longitude
- -86.7381
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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