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$ 80,000
Est. payment /mo
Price Dropped by $20K
1136 Connecticut Street Gary, IN 46407
8 Beds
4 Baths
4,138 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Gary Land Companys 10
MLS Listing ID 837763
Bedrooms 8
Full Baths 4
Year Built 1927
Annual Tax Amount $2,298
Tax Year 2025
Lot Size 4,138 Sqft
Property Sub-Type Quadruplex
Property Description
Located on Gary's East Side, this solid brick 4-unit offers a prime value add opportunity with a stable structure ready for a complete gut renovation following fire damage. Fully vacant, the property allows immediate access to rebuild each unit to modern standards, with four income producing units, a detached garage, and a spacious lot adding to its upside. The building consists of one three bed one bath on main level, upper level has a two bed one bath unit and one bed one bath unit, and the basement unit has two beds and one bath. Sold as is and best suited for cash or rehab financing, this is a straightforward project with serious potential to build equity and cash flow.
Location
State IN
County Lake
Rooms
Basement Finished
Interior
Interior Features None
Heating Hot Water
Cooling None
Fireplace No
Appliance None
Exterior
Garage Spaces 2.0
Building
Lot Description Back Yard
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by SLW Realty Group Corporation
