East Chicago, IN 46312 4716 Mccook Avenue
$295,000



6 more







Presented By: Adrien Chabot with Listing Leaders Prestige LLC - (219) 999-9211;
Home Details
Updated 6-Unit Rental Property in East Chicago - Prime Investment OpportunityPresenting a updated 6-unit rental property located in the heart of East Chicago, ideal for investors seeking a steady stream of rental income ($50K+ gross). This well-maintained building has undergone recent renovations, ensuring that each unit is move-in ready and offers modern, comfortable living spaces.Key Features:6 Units: A mix of spacious studio, 1, 2, and 3-bedroom apartments, offering a variety of rental options to attract a diverse range of tenants.Recent Renovations: Upgraded interiors, including modern flooring, kitchens, and bathrooms, ensuring minimal maintenance and high tenant satisfaction.Strong Rental History: Consistent rental income with current tenants in place, providing immediate cash flow.Prime Location: Conveniently situated in East Chicago, close to public transportation, schools, shopping centers, and major highways, ensuring high tenant demand.This turnkey investment property offers both short-term and long-term growth potential in an emerging market. Don't miss this opportunity to expand your real estate portfolio with a well-performing asset.Contact today for more details and to schedule a showing!
Presented By: Adrien Chabot with Listing Leaders Prestige LLC - (219) 999-9211;
General for 4716 Mccook Avenue
Adult Family HomesNone
Building FeaturesOther
CityEast Chicago
CountyLake
DirectionsFrom E. Chicago Ave, head south on McCook. Property is on west side
ElectricSeparate Meters
Electric Expense450
Gross Income50800
HeatingForced Air
Insurance Expense3000
Legal DescriptionEAST CHICAGO LAND ASSOCIATION ADD ALL L.46 BL.11
Listing TermsCash, Other
Lot Size Square Feet3267
Net Operating Income39290
OwnerPaysCommon Area Maintenance, Water, Trash Collection, Taxes, Snow Removal, Sewer, Pest Control, Grounds Care, Electricity
Property Attached Y/NNo
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameEast Chicago Land Association Add
Tax Annual Amount5196
Tax Year2023
Taxes$5,780
TownshipNorth
Trash Expense1236
UtilitiesOther
Year Built1910
Exterior for 4716 Mccook Avenue
Exterior AmenitiesPrivate Yard
Lot Dimensions25x131
Lot Size Acres0.075
Lot Size SourceAssessor
Parking FeaturesOther
Total Parking6
Water SourcePublic
Additional Details
Price History

Steven Wilson
Real Estate Agent