1007 Elizabeth Drive
1007 Elizabeth Drive
$792,000
10
5
5
—
—
—
Pending
Description
Rare opportunity! This 5-unit townhouse package in the wonderful town of Valparaiso, IN is the investment opportunity you've been looking for. Each unit is occupied, and the current gross income is $75,000 annually. Each townhome has 2 large bedrooms,1 and a half bathrooms, a finished basement, and have been tastefully updated. This property has been well maintained and cared for by professionals over the past several years, which is an ideal situation for post-acquisition. Almost no utility bills!...Rare opportunity! This 5-unit townhouse package in the wonderful town of Valparaiso, IN is the investment opportunity you've been looking for. Each unit is occupied, and the current gross income is $75,000 annually. Each townhome has 2 large bedrooms,1 and a half bathrooms, a finished basement, and have been tastefully updated. This property has been well maintained and cared for by professionals over the past several years, which is an ideal situation for post-acquisition. Almost no utility bills! Tenants pay for their own gas, electric, water, and sewer utility bill, while the landlord pays for trash. Each townhome can be separately parceled out, which adds another interesting option for the future. This investment property currently sits at a true 6.0% cap rate, and projects to be a 7.3+% after a few simple moves. Reach out for detailed data, and to schedule a viewing of the property now!
- Listed by Tariq Suboh • Ellsbury Commercial Group LLCP: (219) 805-5200 C: (219) 805-5200 Tariq@EllsburyGroup.com
- Listed by Farris GoseaP: (217) 904-8983 C: (217) 904-8983 FarrisGosea3@gmail.com
Property Details for 1007 Elizabeth Drive
Subdivision
Willowbrook Condos
Location
LISTING UPDATED: 04/29/2024 10:56 AM
Property Details for 1007 Elizabeth Drive
Status | Pending |
---|---|
MLS # | 802226 |
Days on Market | 12 |
Taxes | $1,973 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1966 |
Lot Size | 0.14 AC / 6,272 SF |
County | Porter County |
Location
Building Information for 1007 Elizabeth Drive
Stories-Residences5Year Built1966Building Size-Lot Size0.14 AC / 6,272 SF
Payment Calculator
$4,487 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1007 Elizabeth Drive
Property History for 1007 Elizabeth Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1007 Elizabeth Drive
This home is within Valparaiso Community Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Thomas Jefferson Elementary School PublicK to 5 | ||
Thomas Jefferson Middle School Public6 to 8 | ||
Valparaiso High School Public9 to 12 | ||
Porter County Career Center PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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