1291-1297 Lake Charles Avenue, Porter, IN 46304
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1291-1297 Lake Charles Avenue, Porter, IN 46304
1291-1297 Lake Charles Avenue, Porter, IN 46304
1291-1297 Lake Charles Avenue, Porter, IN 46304
1291-1297 Lake Charles Avenue, Porter, IN 46304

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1291-1297 Lake Charles Avenue Porter, IN 46304

8 Beds

8 Baths

0.46 Acres Lot


Key Details

Sold Price -

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Lake Charles Sub

MLS Listing ID 842347

Sold Date -

Bedrooms 8

Full Baths 4

Half Baths 4

Year Built 1993

Annual Tax Amount $7,500

Tax Year 2024

Lot Size 0.463 Acres

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.

Location

State IN

County Porter

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Gas Range, Refrigerator

Exterior

Parking Features Additional Parking, Off Street, Paved

Building

Lot Description Back Yard, Paved

Others

Acceptable Financing Cash, VA Loan, FHA, Conventional

Listing Terms Cash, VA Loan, FHA, Conventional

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Listed by Ellsbury Group
Bought with Ellsbury Group

Nearby Locations

Olga Vega

Olga Vega

Managing Broker License ID: RB14047917

+1(219) 588-9494

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