1313 Van Buren Street Gary, IN $ 155,000
1313 Van Buren Street
$ 155,000
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1313 Van Buren Street

Gary, IN, 46407
$ 155,000
Bedrooms5 Baths2.0 Sq 2,472

Monthly Estimate*

$ 1,030

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Multi-Family Home for sale in Gary, IN

for $155,000 with 5 bedrooms and 2 full baths. This 2,472 square foot home was built in 1925 on a lot size of 0.083.

How about INSTANT cashflow AND instant equity? Well that's what this investment property is offering its next owner!! Welcome to this exceptional brick property, boasting a seamless blend of modern updates and timeless charm! Perfectly suited for an investor, this property grosses $2000.00/mo. Astute investors, seize the opportunity for substantial market rents and over $10,000 in equity as this property appraised for $165,000! This multi-unit gem offers two distinct apartments: a spacious 3-bed/1-bath unit and a cozy 2-bed/1-bath unit, complete with a convenient laundry room. Step inside and discover a treasure trove of amenities, including appliances for both units. Immerse yourself in luxury with two fully renovated bathrooms, flawlessly updated plumbing and electrical systems, brand new flooring, elegant trim work, a fresh coat of paint, sleek new cabinets, stylish countertops, and contemporary light fixtures. Don't let this rare opportunity slip away! Seller will contribute to closing costs!

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Multi-Family Contingent

Price

$ 155,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 640

Style

Duplex

Lot Size

0.083

Year Built

1925

Town/City

Gary

County/Region

Lake

MLS | Web ID

541618

Features
General
Interior Features Laminate Counters
Sewer Public Sewer
Heating Central
Appliances Gas Range Oven Refrigerator Range Hood Range
Exterior Features None
Garage Spaces 0
Year Built 1925
Township Calumet
Levels Two
Property SubType Duplex
Tax Year 2023
Gross Income 2000
County Lake
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Subdivision Name Gary Land Companys 11
Garage Y/N Y
Total Rooms 10
Status Active Under Contract
Directions Take W Ridge Rd to Pierce Street Turn on Pierce and take to Harrison Blvd. Make a Right on Harrison Blvd take to Jefferson Street (turn left) take to W 15th Ave (turn right) Take to Van Buren (turn l
City Gary
Lot Size Square Feet 3615.48
Street Name Van Buren
Tax Annual Amount 640
Electric Expense 0
Trash Expense 0
Virtual Tour https://www.propertiesinmotion.com/property-tours/165199195
Standard Status Active Under Contract
Tax Assessed Value 0
Total Actual Rent 2000
Taxes 641
Legal Description Legal Description: GARY LAND CO'S 11TH SUB. ALL L.4 BL.3
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Exterior
Fencing None
Parking Features Detached Other Garage Faces Rear
Lot Features Back Yard
Water Source Public
Total Parking 0
Lot Dimensions 121x30
Street Suffix Street
Lot Size Acres 0.083
Frontage Length 30
Lot Size Source Assessor
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Interior
Above Grade Finished Area 1236
Full Baths 2
Half Baths 0
3/4 Baths 0
Laundry Features In Unit Other
Total Bedrooms 5
Total Baths 2
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* Excluded Features
List By
Ashley Tarver

Listing Agent

Coldwell Banker Real Estate Gr

Broker

SoldByAshleyNicole@gmail.com

Email

Affordability Calculator

$1,084
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,030
Monthly Property Taxes
$53
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2024$151,500 -3.50% Price Down
12/26/2023$157,000 -6.54% Price Down
12/5/2023$167,990 -1.18% Price Down
11/13/2023$170,000 Listed Price

Map


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1313 Van Buren Street, Gary, IN, 46407 is a Multi-Family Home for sale at $155,000 with 2,472 sqft and a lot size of 0.083. 1313 Van Buren Street has 5 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 46407 which is in Gary, IN