Crown Point, IN 46307 216 E Goldsborough Street
$300,000
OPEN HOUSE Sat, Jun 21 2025 12:00 PM - 03:00 PM



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Presented By: Tariq Suboh with Ellsbury Commercial Group LLC - (219) 200-5133;
Home Details
This well-located 3-unit property in Crown Point, IN offers a rare opportunity for both owner-occupants and investors looking to capitalize on one of Northwest Indiana's strongest rental markets.With a desirable unit mix of studio, one-bedroom, and two-bedroom layouts, and one unit currently vacant, it presents a perfect scenario for a buyer to move in while collecting rental income from the other two month-to-month tenants.The pro forma rent potential of 3,945/month highlights a strong opportunity to increase cash flow through market rent adjustments.Situated near downtown Crown Point in a neighborhood with strong demand and limited multifamily supply, this is a rare chance to acquire a stabilized asset with upside in both income and value.
Presented By: Tariq Suboh with Ellsbury Commercial Group LLC - (219) 200-5133;
Interior Features for 216 E Goldsborough Street
Bedrooms
Total Bedrooms4
Bathrooms
3/4 Baths0
Half Baths
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2000
Fireplace Y/NNo
Interior AmenitiesNone
General for 216 E Goldsborough Street
AppliancesDryer, Washer, Refrigerator
CityCrown Point
CountyLake
DirectionsMAIN ST, EAST ON GOLDSBOROUGH TO PROPERTY ON CORNER OF GOLDSBOROUGH AND SHERMAN ST.
Full Baths3
Garage Spaces2
Garage Y/NYes
HeatingForced Air, Natural Gas
Lease Considered Y/NNo
Legal DescriptionRAILROAD ADD. EX. W.55FT OF LOTS 7 & 8 BL.26
LevelsTwo
Listing TermsCash, VA Loan, FHA, Conventional
Lot Size Square Feet9240
New ConstructionNo
OwnerPaysCommon Area Maintenance, Water, Trash Collection, Taxes, Gas
Patio/Porch FeaturesFront Porch
Pets AllowedNo
Property SubtypeTriplex
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameRailroad Add
Tax Annual Amount4640
Tax Year2023
TownshipCenter
Year Built1878
Exterior for 216 E Goldsborough Street
Exterior AmenitiesNone
Lot FeaturesCorner Lot
Lot Size Acres0.2121
Lot Size SourceAssessor
Parking FeaturesDetached, On Street, Garage Faces Side, Driveway
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Wendy Robinson
Broker/Instructor