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$ 369,000
Est. payment /mo
Active
13131-35 Schneider Street Cedar Lake, IN 46303
5 Beds
2 Baths
0.6 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 841036
Bedrooms 5
Full Baths 2
Year Built 1945
Annual Tax Amount $8,200
Tax Year 2025
Lot Size 0.600 Acres
Property Sub-Type Duplex
Property Description
ALL-BRICK RARE INVESTMENT OPPORTUNITY! TWO SEPARATE HOMES ON ONE PROPERTY--each with its own basement and garage...The first home (South Unit) features 3 bedrooms, 1 bath, 1,127 sq. ft., and a 1-car garage...The second (North Unit) offers 2 bedrooms, 1 bath, 1,063 sq. ft., and a 2-car garage...Located in beautiful Cedar Lake...This could be an excellent owner occupy or investment property with long-term investment potential...THERE IS A PICTURE OF EVERYROOM IN THE LISTING...Both homes feature hardwood floors, covered porches, separate basements, and separate garages...Each unit includes a stove, refrigerator, washer, dryer, and an owned water softener...Large backyard provides additional outdoor space for tenants or owner occupants...Major updates include HVAC (2019), roof (2019), water heaters and appliances (2017), well and pump (2014), windows (2010), and blown-in insulation (2009)...Current tenant pays 1,250 (well below market) per month plus gas and electric...Owner currently pays approximately 78 per unit for sewer and garbage service...Property is being sold AS IS with no repairs...Seller discloses minor basement seepage in the South Unit during extreme rainfall events...North Unit experienced minor seepage only after the unusually heavy June 16-18 rain event, which the tenant indicated was the first occurrence in three years...Both chimneys need some repair (OTHER THAN THAT THESE ARE SOLID UNITS)...Hanover schools...Close to dining & shopping...Neither covered porch was ever intended to be used as an entrance that is why there is no stairs to the covered porches...Both covered porches are missing a piece of wrought iron railing...We have both pieces of railing.
Location
State IN
County Lake
Rooms
Basement Other
Interior
Interior Features Other
Heating Central, Natural Gas
Cooling Central Air
Fireplaces Number 2
Fireplace Yes
Appliance Dryer, Washer, Refrigerator, Range, Gas Water Heater
Exterior
Garage Spaces 3.0
Utilities Available Electricity Connected, Natural Gas Connected
Building
Lot Description Back Yard, Front Yard
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by BHHS Executive Realty
