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Updated over 7 years ago,
3 unit building $2100 Gross potential rent income. Only $55000
I am a longtime Bigger-pockets member. I have been an investor for 4 years, as well as a newly licensed RE agent. I have rentals as well. I can provide local insight with contractors, inspectors, property managers, and lenders! Give me a call with any questions 219-239-1233 or email me [email protected]. I have a few other properties that would be a perfect addition to any rental portfolio!
2700 block Dekalb Lake Station. $55000 Market Value $80000
1 big bedroom apartment estimated rents of $650 needs new bathroom & minimal repairs
3 bedroom apartment estimated rents of$ 750 needs minimal repairs (Carpet & paint)
Storefront estimated rent $700 needs paint and a few ceiling tiles.
Property taxes are $2200 annually insurance costs are unknown but probably in the $150 range a month.
Vinyl siding, vinyl windows, overall looks well maintained.. Radiant heat and flat roof installed within last 4 years possibly. Utilities are off. No interior pictures at the moment but will have some this week.