423-425 10Th St Mishawaka, IN 46544
This attractive Mishawaka duplex, located at 423-425 W 10th St, presents a compelling investment opportunity. Priced at $239,900, this property offers two mirrored units, each featuring two spacious bedrooms and a small room suitable for an office or child's room. Both units are situated upstairs, with a full bathroom conveniently located on the main level. Each unit includes its own laundry facilities and a separate basement, providing ample storage space. The building boasts a newly painted exterior, a large front porch, and a detached two-car garage. A majority of the windows have been updated, with replacement windows included in the sale for the remaining older ones. Separate utility meters for each unit ensure efficient management and maximize rental income potential. One unit is currently occupied, generating immediate cash flow, while the other is vacant and freshly painted, ready for immediate occupancy. This property is situated in St. Joseph County, Indiana, with the zip code 46544. The convenient location and desirable features make this duplex an excellent choice for investors seeking strong returns. The mirrored layout of the units simplifies management and maintenance, further enhancing its appeal. Don't miss this chance to acquire a well-maintained, income-producing property in a thriving Mishawaka neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.