5891- 5895 Van Buren ST #95 Save Request In-Person Tour Request Virtual Tour
Merrillville,IN 46410
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 13,765 sqft
Price per Sqft $20
Subdivision Rexville Sub
MLS Listing ID 828733
Bedrooms 4
Full Baths 4
Year Built 1985
Annual Tax Amount $3,897
Tax Year 2023
Lot Size 0.316 Acres
Property Sub-Type Duplex
Property Description
Live in one--rent the other, or add a low maintenance duplex to your portfolio. Two 2BR/2BA units with separate meters and all utilities paid by tenants--the setup investors want. One side is vacant and updated (fresh paint plus new countertop) and ready to lease at market; the other is leased at 1,150/mo. Big backyard and easy care exterior in a quiet Merrillville pocket minutes to US 30/I 65 and Southlake Mall. Pro forma at list targets ~7.6 per-9.2 per cap depending on rent assumptions (see attachments). No HOA. Buyer to verify measurements, schools, and financials; pro forma is a projection, not a guarantee. please respect the tenant.
Location
State IN
County Lake
Interior
Heating Forced Air
Exterior
Exterior Feature None
Garage Spaces 2.0
View Y/N true
View true
Building
Lot Description Back Yard,Front Yard,Near Public Transit,Landscaped,Corner Lot
Story One
Others
Acceptable Financing NRA20250925141654672252000000
Listing Terms NRA20250925141654672252000000
Pets Allowed Yes