401 Morgan Boulevard, Valparaiso, IN 46383

$459,000

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List Price
$459,000
MLS#
846417
Status
ACTIVE
County
Porter
Listing Type
Multifamily
Year Built
1900

Property Description

Prime Valparaiso investment opportunity! Own a fully occupied, turnkey 3-unit rental property within easy walking distance to vibrant downtown Valpo. This meticulously maintained property offers immediate cash flow with great, reliable tenants already in place. You will save big on future maintenance costs thanks to newer, individual high-efficiency HVAC systems for each unit. The property also features excellent ways to increase your rental income. A 1.5-car garage and a partially finished basement with laundry hookups are currently unused by the tenants. You can easily turn these spaces into extra revenue by adding coin-operated laundry or renting out the garage for storage. With an unbeatable downtown location and low-maintenance upkeep, this 3 unit rental property is a perfect addition to your portfolio. Schedule your investor tour today!

Additional Information

Acres
0.10
Property Type
Residential Income
Status
ACTIVE
Subdivision
North Valparaiso

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Real Estate Gr.

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