Discover a prime investment opportunity with this tenant-occupied property, boasting many updates in the last several years and a reliable rental history. Situated in a desirable neighborhood, this property offers both immediate cash flow and long-term appreciation potential.
Introducing a fantastic investment opportunity in a desirable neighborhood! This fourplex rental property features 8 bedrooms and 4 bathrooms, making it ideal for maximizing rental income. With 2 units currently rented and 2 vacant units ready for your vision, this property requires TLC, allowing you to make updates and increase the net operating income (NOI). The owner covers water, sewer, and trash expenses, along with electricity for the laundry room, ensuring a hassle-free experience. Lawn care is provided every other week, and snow removal is available as needed. Situated close to the scenic Riverwalk and vibrant Downtown Mishawaka, this property is located within a sought-after school district, making it an attractive choice for families and tenants alike. Don't miss your chance to capitalize on this promising investment! Please reference the following MLS# for properties available by the same owner: 202432901. These may be purchased together as a package.
Nice three-unit investment property located in Mishawaka. Located on the corner of Mishawaka and Lawrence. There is a one car detached garage. Great investment opportunity! Must have 24-48 hour notice! Buyer to check all information, taxes, schools and all measurements.
The median home value in Mishawaka, IN is $164,200. This is lower than the county median home value of $191,200. The national median home value is $338,100. The average price of homes sold in Mishawaka, IN is $164,200. Approximately 43.9% of Mishawaka homes are owned, compared to 45.81% rented, while 10.29% are vacant. Mishawaka 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 Mishawaka real estate agent to arrange a tour today!
Mishawaka, Indiana 46545 has a population of 50,823. Mishawaka 46545 is less family-centric than the surrounding county with 24.53% of the households containing married families with children. The county average for households married with children is 29.05%.
The median household income in Mishawaka, Indiana 46545 is $48,695. The median household income for the surrounding county is $58,599 compared to the national median of $69,021. The median age of people living in Mishawaka 46545 is 34.1 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 39.7 inches per year, with 59.9 inches of snow per year.