407 Franklin Street, Valparaiso, IN 46383

$369,500
4
BD
4
BA
3,600
SqFt
List Price
$369,500
Closing Date
1800-01-01 00:00:00
MLS#
491589
Status
ACTIVE UNDR CONTRACT
Lot Size
9148
County
Porter
Listing Type
Multifamily
Year Built
1963

Property Description

Location & design set this duplex home opportunity apart from the rest. As a live & rent or extended family living setup, it's a great setup. As an investment, the rents could be maximized. Each unit offers three levels, the main floor w/living, dining & kitchen, the upstairs w/2 bedrooms & a full bath, & the downstairs w/ family room/flex bedroom (non-conforming windows though!). Bedroom & family room features oversized wall to wall closets. Recent upgrades include roof in 2020, newer water heaters, one newer furnace, engineered strip vinyl flooring, granite top vanities, beautiful over-the-top tile bathrooms, & vintage kitchen cabinets & wall ovens that are 60s cool. Durable brick exterior, detached alley loaded garage w/covered concrete patio. Tenants pay all own utilities. Units bring in $1,000/mo & $1,100/mo, but proforma w/maximized market rents should put this at $1,400-$1,500/mo per unit for investors. Schedule your showing today on this great downtown duplex.

Additional Information

Acres
0.21
Multiple Listing Service
Greater Northwest Indiana MLS
Property Type
Multi Unit/Income
Status
ACTIVE UNDR CONTRACT

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Re/Max Lifestyles.

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