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1301 Pennsylvania St Gary, IN 46407

Sponsored
For Sale
$469,000

Six-unit apartment building, 100% occupied.

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a six-unit apartment building located at 1301 Pennsylvania Street in Gary, Indiana. The property, identified by APN 45-08-10-158-001.000-004, sits on a 0.08-acre lot and is currently 100% occupied, offering immediate cash flow. The building comprises a mix of unit sizes, including two three-bedroom units and four two-bedroom units, catering to a diverse range of tenants. Recent renovations have enhanced the property's appeal and functionality. Each unit is equipped with separate heating and electric meters, providing efficient utility management and cost allocation. Financial details, including income and expense statements, are available upon request, allowing potential buyers to thoroughly assess the property's financial performance and investment potential. This corner lot location in Gary, Indiana (zip code 46407) offers excellent visibility and accessibility. This is a turnkey investment ready for a new owner. Don't miss this chance to acquire a well-maintained, high-occupancy multifamily property in a growing market.

Property Features for 1301 Pennsylvania St

General Information

Property type
Multifamily properties
Lot Size
3,485 SF

Building Details

Units
6

HighLights

  • Fully Leased 6‑Unit Multifamily Corner Building
  • Unit Mix: Two 3‑Bedroom & Four 2‑Bedroom Units
  • Recently Renovated
  • Financial Statements Available Upon Request
  • Individual Unit Electric & Heat Meters
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Gary
County
Lake
State
Indiana
Longitude
-87.33302291407
Latitude
41.590025934907

FAQs

What type of property is this?
Multifamily property - Six-unit apartment building, 100% occupied.
Where is this multifamily property located?
The property is located at 1301 Pennsylvania St Gary, IN.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Fully Leased 6-Unit Multifamily Corner Building; Unit Mix: Two 3-Bedroom & Four 2-Bedroom Units; Recently Renovated
More about this property
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