228 Tyler Street

Gary, IN 46402

$99,900
Price
4
Beds
3
Baths
1,472 Sq. Ft.
$68 / Sq. Ft.
1,472
Sq. Ft.
$68
per Sq. Ft.

Description

For INVESTORS and HOUSE HACKERS! This 2 unit with plenty of potential now for sale! Ideal location, close to highways, schools, parks, and the IN/IL border. Main level unit has 2 bedrooms and 1 baths The top units also has 2 bedrooms and 1 bath, ample sized living rooms. Tenant responsible for gas and electric. Both units are currently rented for $800 a month! Both Tenants are on a month to month lease. Cap Rate is currently at 12% with room for improvement. Great OPPORTUNITY for an income producing...For INVESTORS and HOUSE HACKERS! This 2 unit with plenty of potential now for sale! Ideal location, close to highways, schools, parks, and the IN/IL border. Main level unit has 2 bedrooms and 1 baths The top units also has 2 bedrooms and 1 bath, ample sized living rooms. Tenant responsible for gas and electric. Both units are currently rented for $800 a month! Both Tenants are on a month to month lease. Cap Rate is currently at 12% with room for improvement. Great OPPORTUNITY for an income producing INVESTMENT property. Please call with any questions.
  1. Listed by Jeff McCormick • McCormick Real Estate, Inc.
    C: (219) 613-5643 Jeff@MccormickRealestate.net
  2. Listed by Hector Calderon • McCormick Real Estate, Inc.
    P: (805) 878-6547 C: (805) 878-6547 Hector@mccormickrealestate.net

Property Details for 228 Tyler Street

Subdivision
Gary Land Companys 08
Garage # of Cars
0

Location

Listing Courtesy of McCormick Real Estate, Inc.
Add your commute
LISTING UPDATED: 03/06/2024 05:00 PM

Property Details for 228 Tyler Street

StatusActive
MLS #544784
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Unit/Income / Income Property
Year Built1916
Lot Size0.09 AC / 3,746 SF
CountyLake County

Location

Listing Courtesy of McCormick Real Estate, Inc.
Add your commute

Building Information for 228 Tyler Street

Stories-Residences2Year Built1916Building Size-Lot Size0.09 AC / 3,746 SF

Payment Calculator

$545 per month

30 year fixed, 7.25% Interest

Principal and Interest

$545

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 228 Tyler Street

Summary
Location and General Information
  • Directions: From I65 north, exit E Dunes Hwy, continue onto E Fourth Ave, continue onto W Fourth Ave, Right on Harrison St, Left on W Second Pl, Right on Tyler, property on the left before you get to W Second Ave.
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46402
  • Zip Plus 4: 1164
  • Latitude: 41.61
  • Longitude: -87.35
  • County: Lake
Taxes and HOA
  • APN/Key #: 450804128023000004
  • Tax Legal Description: Legal Description: GARY LAND CO'S 8TH ADDITION ALL L.12 BL.4
Parking
  • Garage Description: None, Other
  • Carport - # of Cars: 0
Property
Lot Information
  • Lot Square Footage: 3,746.00
  • Lot Dimensions: 30x125
  • Square Footage: 1472.0
  • Square Footage Source: Assessor
  • Acres: .09
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1916
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Basement Type: Full
  • Basement: Yes
  • Total Full Baths: 3
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 3
  • Bedrooms: 4
  • Flooring: Carpet, Hardwood, Tile
  • Equipment: None
  • Interior Features: Elevator
  • Total # of Rooms: 10
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: Electricity, Gas

Property History for 228 Tyler Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 228 Tyler Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Beveridge Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Wm A Wirt/Emerson Vpa
Public6 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.

Similar Homes

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228 Tyler Street is a multi-family home for sale in Gary, IN 46402. This property was listed for sale on February 6, 2024 by McCormick Real Estate, Inc., it's currently listed at $99,900. This listing's school district is Gary Community School Corp. Nearby schools include Beveridge Elementary School, Gary Middle School and West Side Leadership Academy. 228 Tyler Street is a 4-bed, 3-bath, 1,472 sqft multi-family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McCormick Real Estate, Inc.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.