$450,000
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5881 Fiesta Avenue Unit 4 Portage, IN 46368
Fourplex
Residence
4
Beds
4
Baths
Sq. Ft.
Property Activity
Time on Site
days
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This 4-unit apartment building in Portage is fully updated and rehabbed inside and out. 30 min away from IL and MI border, less than 1 hour away from Downtown Chicago. Each unit is occupied, and the current gross income is about $47,820 annually. All units have one bedroom, 1 bathroom, & a large liv...ing room and kitchen. This property is professionally managed, which is an ideal situation for post-acquisition. The owner pays very little for utilities, tenants pay for almost all. This investment property projects to be a 9.5%+ cap rate after a few simple moves. Reach out for detailed data, and to schedule a viewing of the property now!
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MLS#
806780
Property Type
Fourplex
Bedrooms
4
Bathrooms
4 Full
Year Built
1997
Stories
2.0
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