Mishawaka, IN 46545,501 W Lawrence Street
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Mishawaka, IN 46545,501 W Lawrence Street
Mishawaka, IN 46545,501 W Lawrence Street
Mishawaka, IN 46545,501 W Lawrence Street
Mishawaka, IN 46545,501 W Lawrence Street
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 175,000
Est. payment /mo
Active

501 W Lawrence Street Mishawaka, IN 46545

2 Beds

2 Baths

1,600 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Subdivision Lawrence & Battells

MLS Listing ID 202528180

Style One and Half Story

Bedrooms 2

Full Baths 2

Abv Grd Liv Area 1,600

Total Fin. Sqft 1600

Year Built 1904

Annual Tax Amount $852

Tax Year 2025

Lot Size 3,920 Sqft

Property Sub-Type Duplex

Property Description

"Investor Alert! Don't miss this incredible opportunity to expand your portfolio with a solid income-producing property in a prime Mishawaka location at 501 W. Lawrence. Zoned for multi-family use! This duplex boasts generously sized units that tenants love! Separate utilities (excluding water/trash) - but currently the utilities are included in the rent and owner pays. Enjoy low vacancy rates thanks to its highly desirable location near universities, the scenic River Walk, Parks, and convenient access to shopping, dining, entertainment, and excellent schools. This is more than just a property; it's a smart investment in a thriving community with strong property values. Both units are occupied - immediate cash flow! Both tenants have rented the property for multiple years. They are both on month to month leases. There are 2 furnaces and 2 window A/C units. One of the owners is a licensed real estate agent.

Location

State IN

County St. Joseph County

Area St. Joseph County

Zoning R2 Two-family Residential

Direction From Mishawaka Ave turn North on Charlotte St. Turn West on Lawrence St.

Rooms

Dining Room 0

Interior

Flooring Carpet, Ceramic Tile, Laminate, Vinyl Tile

Appliance Building, Land

Laundry , 0

Exterior

Exterior Feature Sidewalks

Fence None

Amenities Available Basement, Near Walking Trail, Attic Storage, Cable Available, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Porch Covered, Porch Enclosed, Storm Doors, Storm Windows, Water Heater Gas, Washer Hook-Up

Roof Type Asphalt,Shingle

Building

Lot Description Corner, Level, 0-2.9999

Story 1.5

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Battell

Middle Schools John Young

High Schools Mishawaka

School District School City Of Mishawaka

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202528180


Indiana Regional MLS (IRMLS)
Listed by Tim McKinnies • McKinnies Realty, LLC • Cell: 574-274-8275
agent

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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501 W Lawrence Street