$205,000

beds

baths

984

square ft

213 Fagen Street

Dyer, Indiana 46311

Closed / MLS #806686 / Multiple Unit (2-4) / Dyer

Listing information updated 9/13/2024 at 7:24pm

LOCATION, LOCATION, LOCATION!! Calling all investors looking for an amazing investment property opportunity. Located close to the IL border and Route 30, offering a quick commute to shopping, restaurants and major highways. Current rent on 213E is wicked low at $500 and has been in place for years from long term tenant but currently is month to month. with 30 day notice the seller can have current tenant vacant for the following month, 213W is also low at $735.00 and lease expires Oct. 18 2024 8pm. Estimated projected rent should be $1200.00-$1400.00 each side and that's being conservative for the location. At current list price with current taxes and estimated insurance at $1200 per year factoring in 1 month vacancy each unit annually and 7000.00 budgeting for repairs over the next 5 years,$1400.00 a year. Even at a 200,000.00 sale the return on investment is an easy 12% Net ROI. Priced to sell, Selling AS IS include addendum with all offers! 24 hour Notice required for all showings.UPDATE: July 14th 4:00pm multiple offers have been received, all offers should be turned in by Monday July 15th 5:00pm Central Time. Suggest leaving expirations open until 5:00pm Tuesday so your offer can be acknowledged before expiring. Seller will respond to final offer acceptance by EOB Tuesday July 16th.

Full Features

Basement:

Crawl Space,Sump Pump

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air

Appliances:

Free-Standing Gas Oven, Refrigerator, Free-Standing Gas Range

Pool:

Age:

74 Years

Roof Type:

Shingle

Parking Type:

Alley Access,On Street

Garage:

Alley Access,On Street

Square Feet:

984

Lot Size:

4791.6

Acreage:

0.11

Taxes & Assessments

Tax Amount:

$2,558

Tax Year:

2023

Location

Zip Code:

46311

City:

Dyer

County:

Lake

Schools

School District(s):

Lake Central

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Crawl Space,Sump Pump

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air

Appliances:

Free-Standing Gas Oven, Refrigerator, Free-Standing Gas Range

Pool:

Age:

74 Years

Roof Type:

Shingle

Parking Type:

Alley Access,On Street

Garage:

Alley Access,On Street

Square Feet:

984

Lot Size:

4791.6

Acreage:

0.11

Tax Amount:

$2,558

Tax Year:

2023

Zip Code:

46311

City:

Dyer

County:

Lake

School District(s):

Lake Central

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: SCHUPP Real Estate

Listing Office Phone: 219.696.3596

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/13/2024 at 7:24pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.