BEDS8
BATHS4 full 4 partial
MLS#843723
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHickory Lane Sub
SCHOOLKankakee Valley
Property Description
Opportunity knocks! This fully occupied, four-unit apartment building is a great acquisition for your investment portfolio. Offered for sale by the original owner, the building is situated on an oversized corner lot and has been well maintained, including a brand-new roof installed in 2024.Each of the four units features a highly functional layout. The main floor offers a spacious living room, a half bath, dedicated laundry hookups, and an open kitchen equipped with a refrigerator, stove, and range hood. Sliding doors off the kitchen lead to a private rear patio. Upstairs, each unit provides two comfortable bedrooms and a full bathroom. Current rents are below market value, and all tenants are currently on month-to-month leases. This gives you the immediate opportunity to adjust rates or implement your own leasing structure to maximize cash flow . Multi-unit properties with this much upside and strong pride of ownership rarely hit the market--schedule your investment tour today!
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Lot Size: 0.84 Acres
Stories: 2.0
Taxes: $2,463
Year Built: 1979
Amenities
Laminate Counters
Rain Gutters
Appliances
Gas Range
Range Hood
Refrigerator
Feature Descriptions
Lot: Back Yard, Corner Lot
Parking Features: Asphalt, Paved, Driveway
Rent Includes: Sewer, Trash Collection
Rooms Total: 16
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public
Local Schools
School District: Kankakee Valley
Listed By / Shown By
Listed By
Agency Name: Countryside Realty
Agency Phone: (219) 987-7355
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 3,294.49 per month $2,936.14 Principal & Interest $205.25 Property Tax $153.10 Homeowner's Insurance
812 8th Street SE | MLS# 843723
This multi-family property located at 812 8th Street SE , Demotte, IN 46310 is currently listed for sale with an asking price of $524,900. 8th Street SE is located within the Kankakee Valley school district. Search Demotte real estate on www.ikeyrealty.com today.