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929-935 Glen Park Avenue, Griffith, IN 46319

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For Sale
Sale Pending

$599,900

4 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 4 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

5 PROFESSIONALLY MANAGED FULLY RENTED 2BDRM 1 BATH condos are being offered as one package...These units are in 4 separate buildings...These are all long term tenants (4 of them have been here over 10 years)...These are rock solid brick buildings with clean hallways, intercom security, tenant storage and coin laundry on every floor...all units come with fridge, stove, dishwasher & fireplace...Plenty of parking...Inground Pool...landscaped common areas with picnic tables...The units are all in good shape and rented...4 of the units have new furnace/AC and tower...a couple of the units could use new carpet but 4 of these tenants have been here for 10 plus years...929-303 rent at 945 (930 sq-ft) / 931-101 rent at 950 (1180 sq-ft) / 933-106 rent at1000 (930 sq-ft) / 935-101 rent at 945 (930 sq-ft) / 935-204 rent at 930 (930 sq-ft)...HOA pays water, sewer, garbage, snow, grass, landscape, maintenance and building insurance...HOA fee 185 per/month...taxes 210 per/month...management fee 65 per/month...There has always been room to grow these rents...With some updates these rents could be increase to 1400 or 1500...Excellent location close to plenty of shopping, dining, entertainment and only a 10-minute drive to the train station.
MLS# 814886

Courtesy Of Advanced Real Estate LLC

(219) 663-1986

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    4 Acres

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

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  • Hazard Insurance
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