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    250 N Burnham Street

    Lowell, IN 46356
    • $258,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 11021406
    Price Reduced
    UPDATED: 33 min ago
    $258,000
    • 5
      BEDS
    • 0.33
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Indiana - Lowell
    Type:
    Multi-Family
    Built:
    1910
    County:
    Lake
    Area:
    Indiana - Lowell

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    Description

    Investment opportunity for 4 occupied apartments. Apartment #1, downstairs right is 2 bedrooms, 1 bath. Apartment #2 is upstairs right and is 1 bedroom, 1 bath. Apartment #3, downstairs left, is a Studio Apartment. Apartment #4, upstairs left, is a Studio Apartment. Stove and refrigerator provided in each unit. Window A/C units owned by tenants. Owner pays approximately $300/month for combined Studio Apartments. Gross monthly rental income =$2375.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-04-10T14:53:14.25 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    250 N Burnham Street Lowell, IN 46356

    • Price: $258,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 11021406
    5
    Beds
    4
    Baths
    0
    ½ Baths
    0.33
    Acres
    1910
    Built
    Neighborhood:
    Indiana - Lowell
    County:
    Lake
    Area:
    Indiana - Lowell
    Property Description
    Investment opportunity for 4 occupied apartments. Apartment #1, downstairs right is 2 bedrooms, 1 bath. Apartment #2 is upstairs right and is 1 bedroom, 1 bath. Apartment #3, downstairs left, is a Studio Apartment. Apartment #4, upstairs left, is a Studio Apartment. Stove and refrigerator provided in each unit. Window A/C units owned by tenants. Owner pays approximately $300/month for combined Studio Apartments. Gross monthly rental income =$2375.
    Exterior Features

    Exterior Building Type Vinyl Siding Exterior Features DeckPorch Foundation Details Brick/Mortar Is Parking Includedin Price Yes Number Of Cars 6 Parking Space/S Parking Features UnassignedOff AlleyOff StreetSide Apron Parking On Site Yes Parking Ownership Owned Parking Total 6 Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 1 Unit4 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement Partial Basement Description UnfinishedCrawl Bathrooms Total Integer 4 Bedrooms Below Grade 0 Bedrooms Possible 5 Full Baths In Building 4 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating Natural GasForced Air Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 1 Number Of Rooms Unit1 6 Number Of Rooms Unit2 5 Number Of Rooms Unit3 4 Number Of Rooms Unit4 3 Rooms Total 19

    Property Features

    Age Description 100+ Years Built Before1978 YN Yes Corporate Limits Lowell General Information None Gross Income 28320 Insurance Expense 2495 Lease Exp Date Mo Yr Unit1 5/21 Lease Exp Date Mo Yr Unit2 5/21 Lease Exp Date Mo Yr Unit3 5/21 Lease Exp Date Mo Yr Unit4 5/21 Lot Size .25-.49 Acre Lot Size Dimensions 98X200 Net Operating Income 16503 New Construction YN No Property Sub Type 2 Story Unit/SConverted Residence Rebuilt YN No Rehab YN No Security Deposit Unit1 535 Security Deposit Unit2 575 Security Deposit Unit3 600 Security Deposit Unit4 650 Sewer Public Sewer Special Assessments Y Special Listing Conditions None Special Service Area N Tax Annual Amount 4206 Tax Year 2019 Tenant Pays Unit1 All Tenant Pays Unit2 All Tenant Pays Unit3 None Tenant Pays Unit4 None Total Rental Income 28320 Unit1 Rent 535 Unit2 Rent 575 Unit3 Rent 600 Unit4 Rent 650 Water Sewer Expense 1837 Water Source Public Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Mccolly Real Estate.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-04-10T14:53:14.25 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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