244 Burnham Street, Lowell, IN 46356
- $284,999
- 5
- BD
- 4
- BA
- List Price
- $284,999
- Price Change
- ▼ $5,000 1783371401
- MLS#
- 836252
- Status
- ACTIVE
- County
- Lake
- Listing Type
- Multifamily
- Year Built
- 1903
Property Description
A versatile property with something to offer for a wide range of buyers. The fully remodeled upstairs one-bedroom apartment with its own private entrance and kitchen functions beautifully as a mother-in-law suite, a rental income unit, or additional living space. The main residence features three bedrooms, two and a half baths, and a full kitchen, and together the two units offer four bedrooms plus a bonus room across 2216 square feet on .44 acres with a nice backyard and deck. This property works in multiple ways depending on what you need. Use both units as a traditional rental investment. Live in the main unit and let the upstairs apartment help cover your mortgage. Or open up the space entirely and enjoy four bedrooms plus a bonus room -- complete with two full kitchens. Both current tenants are reliable, long-term renters on flexible month-to-month arrangements who are willing to stay -- or the space can be reconfigured to fit your vision with reasonable notice. Whether you're an investor, a growing family, or someone looking for flexible living with built-in income potential, this property has options.
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Additional Information
- Acres
- 0.45
- Property Type
- Residential Income
- Status
- ACTIVE
Mortgage Calculator
Listing courtesy of Evers Realty Group.
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