1379 Roosevelt Place Active Save Request In-Person Tour Request Virtual Tour
Gary,IN 46404
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Henkes Add/Gary
MLS Listing ID 826425
Bedrooms 5
Full Baths 2
Year Built 1915
Annual Tax Amount $327
Tax Year 2024
Lot Size 3,223 Sqft
Property Sub-Type Duplex
Property Description
Fully Renovated Turnkey Duplex - Perfect for an Investment Property! This beautifully updated duplex is move-in ready and ideal for investors or owner-occupants. Estimated Rent 1500-1600 per month for upper unit, 1200-1300 per month for lower unit, The 2 car Garage can earn another 200 per month in Rent. Estimated Cap Rate 10-12 Perc. The upper unit features three bedrooms, a full bathroom, a bright living room, and a separate dining area adjacent to the modern kitchen. It also includes a welcoming front foyer and a functional rear mudroom for added convenience. The lower unit offers two comfortable bedrooms, a generous living room, and a dedicated dining space, all designed with comfort and functionality in mind. Both units are equipped with in-unit washer and dryer hookups and come with stainless steel appliances, including a refrigerator, microwave, and stove. Elegant crown molding runs throughout each unit, complemented by high-end finishes that adds that final touch of sophistication. Outside, a spacious front patio creates a warm welcome on the lower level, and a detached two-car garage with rear entry adds additional value. Recent upgrades include a brand-new roof, updated electrical and plumbing systems, new HVAC, all-new windows, fresh concrete walkways, and new fencing. This is a rare opportunity to own a fully renovated, turnkey duplex with excellent income potential. Don't miss out!
Location
State IN
County Lake
Interior
Interior Features Ceiling Fan(s),Crown Molding,Eat-in Kitchen
Heating Forced Air
Cooling Ceiling Fan(s),Central Air
Flooring Laminate
Fireplace No
Appliance Microwave,Stainless Steel Appliance(s),Refrigerator,Range
Exterior
Exterior Feature Private Yard
Parking Features Additional Parking,Garage Faces Rear,Detached,Alley Access
Garage Spaces 2.0
Utilities Available Sewer Available,Water Available
Building
Lot Description Back Yard
Others
Acceptable Financing Cash,VA Loan,FHA,Conventional
Listing Terms Cash,VA Loan,FHA,Conventional