DYNAMIC INVESTMENT OPPORTUNITY IN GARY, INDIANA!!! Discover this income-generating 8-unit apartment building, strategically located in Gary, Indiana. Perfectly designed for the savvy investor, this property features a desirable mix of one, two, and a spacious three-bedroom unit, offering diverse rental options to maximize your returns. While modern conveniences abound, some of the building's historical charm still remains with original built-ins and woodwork, adding unique character to the residence. Situated for convenience, your future tenants will appreciate quick access to major highways, including IN-53/Broadway, 80/94, and I-65, making commutes a breeze. The building also comes equipped with a common area laundry setup, with a third-party company managing coin-operated units--adding an additional revenue stream effortlessly. With Gary's promising growth potential and ongoing revitalization, act now to secure this exciting opportunity to expand your investment portfolio.You don't miss out on this exhilarating investment chance that promises to deliver consistent returns and growth. Let's make your investment dreams a reality! Schedule your showing today!
ATTENTION ATTENTION!!! When I tell you that it's too much to mention, believe us when we say, that this beautiful brick building is loaded with so much useful space. This 3 unit has over 1300 square feet on each level! Each floor has 3 generous sized bedrooms, 2 full baths, walk in closets, LR, DR, kitchen and private back porches. Your search for a multi-unit can be over, with property taxes UNDER $2,000.00! Put this on your schedule and come get this income generating opportunity or move your family in and live here.
This property is a golden opportunity for astute real estate investors. Despite its current neglect, this property holds immense potential for the future. PROPERTY SOLD AS IS! ENTER AT YOUR OWN RISK!
The median home value in Gary, IN is $79,300. This is lower than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in Gary, IN is $79,300. Approximately 35.18% of Gary homes are owned, compared to 36.48% rented, while 28.34% are vacant. Gary real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gary real estate agent to arrange a tour today!
Gary, Indiana 46402 has a population of 69,739. Gary 46402 is less family-centric than the surrounding county with 10.55% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Gary, Indiana 46402 is $34,085. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Gary 46402 is 37.1 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 38.4 inches per year, with 35.8 inches of snow per year.