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5009 Magoun Ave
East Chicago, IN 46312

Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.08 AC
Building Size 5,636 SF
Average Occupancy 100%
No. Stories 2
Year Built 1904
Parking Ratio 0.71/1,000 SF

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

About 5009 Magoun Ave , East Chicago, IN 46312

GREAT INVESTMENT OPPORTUNITY. MANY UPDATES: INCLUDING PLUMBING, ELECTRICAL, FURNACES, COMPLETE GUT ON 2 UNITS, NEW CABINETS, NEWER FLOORING, RENTS ARE LOW AND ALLOW FOR INCREASE IN PROFITS. MAIN HOUSE HAS 4 - 2 BEDROOMS, FULLY OCCUPIED. COACH HOUSE HAS 2 - 1 BEDROOM UNITS. UPPER UNIT HAS JUST BEEN REMODELED. 6TH UNIT STILL NEEDS TO BE REWORKED. FULL BASEMENT IN MAIN HOUSE, WITH LAUNDRY HOOK-UPS. LAUNDRY HAS NOT BEEN INSTALLED YET, WHICH ALSO ALLOWS FOR MORE INCOME. LOTS OF ROOM FOR STORAGE THAT IS A POSSIBILITY FOR MORE INCOME. FANTASTIC TENANTS IN THIS PROPERTY! BRING AN OFFER WE CAN'T REFUSE!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-03-32-133-004.000-024
Land Assessment
$20,148
Improvements Assessment
$363,504
Total Assessment
$383,652
  • Listing ID: 13090897

  • Date on Market: 2018-07-06

  • Last Updated:

  • Address: 5009 Magoun Ave, East Chicago, IN 46312

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