216 E Goldsborough ST Pending

Crown Point,IN 46307

$ 300000

4 Beds

3 Baths

9240 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 9,240 sqft

Price per Sqft $32

Subdivision Railroad Add

MLS Listing ID 822630

Bedrooms 4

Full Baths 3

Year Built 1878

Annual Tax Amount $4,640

Tax Year 2023

Lot Size 9,239 Sqft

Property Sub-Type Triplex

Property Description

This well-located 3-unit property in Crown Point, IN offers a rare opportunity for both owner-occupants and investors looking to capitalize on one of Northwest Indiana's strongest rental markets.With a desirable unit mix of studio, one-bedroom, and two-bedroom layouts, and one unit currently vacant, it presents a perfect scenario for a buyer to move in while collecting rental income from the other two month-to-month tenants.The pro forma rent potential of 3,945/month highlights a strong opportunity to increase cash flow through market rent adjustments.Situated near downtown Crown Point in a neighborhood with strong demand and limited multifamily supply, this is a rare chance to acquire a stabilized asset with upside in both income and value.

Location

State IN

County Lake

Interior

Heating Forced Air,Natural Gas

Exterior

Exterior Feature None

Garage Spaces 2.0

View Y/N true

View true

Building

Lot Description Corner Lot

Story Two

Others

Acceptable Financing NRA20250616191737542081000000

Listing Terms NRA20250616191737542081000000

Pets Allowed No

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