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2302 W 37Th Ave Hobart, IN 46342

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For Sale
$344,800

Turnkey investment opportunity with two updated units and separate utilities.

Lot size:
21.00 Acres

Property Features for 2302 W 37Th Ave

General Information

Lot size
21.00 Acres

Building Details

Year built
1945

Source: KW ONEChicago Agent Ray Tambrini

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Updated Two-Unit Apartment Building

This two-unit apartment building has been updated with remodeled interior walls, flooring, skylights, roof, plumbing, and electric systems. The upper floor apartment's roof height has been raised. New exterior A/C units, appliances, cabinets, walls, and closets have been installed. The main ground level apartment features over 1275 square feet, two bedrooms, one full bath, an attached garage, new stainless steel appliances, and a laundry room with washer/gas dryer hookups. It also includes a full covered front porch with vintage street lamp poles on a timer, a new roof, an exterior A/C unit, and a large kitchen pantry. The upper apartment offers over 1100 square feet, two bedrooms, and one full bath, featuring an exterior/interior staircase for safety/code compliance, a new furnace, a new exterior A/C unit, a water heater, and a new kitchen gas cooktop and refrigerator. Both apartments have brand new kitchens with modern cabinets, sinks, and eat-in areas, along with new flooring and all-new bathrooms. There are separate electric and gas meters for the two units, with combined city water and trash services. Both units have separate entrance exits. This property is suitable for those seeking a turnkey investment or a versatile living arrangement, and homeowners can live in one unit while renting out the other.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hobart
County
Lake
State
Indiana
Longitude
-87.287401
Latitude
41.551536

FAQs

What type of property is this?
Duplex - Turnkey investment opportunity with two updated units and separate utilities.
Where is this duplex located?
The property is located at 2302 W 37Th Ave Hobart, IN.
What is the asking price?
The asking price for this property is $344,800.
What are key features of this property?
This property features: - Completely remodeled with new interior walls, flooring, skylights, roof, plumbing, electric, A/C units, appliances, cabinets, and more.; - Two separate units offer versatile living arrangement or turnkey investment opportunity.; - Potential for rental income from one unit to cover mortgage expenses.
More about this property
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