441 Connecticut Street

Gary, IN 46402

$290,000
Price
9
Beds
3
Baths
3,964 Sq. Ft.
$73 / Sq. Ft.
3,964
Sq. Ft.
$73
per Sq. Ft.

Description

Wanted: new owners/investors! Nestles in the heart of Gary, this all-brick, remodeled 3-unit apartment brings in $2900/month with one VACANT unit. Walking distance to the Railcats stadium ensures entertainment options just around the corner. The nearby toll road also makes commuting a breeze, providing convenience for both tenants and potential resident/owner. Not just a home but an investment in a great location at a current 9.5% CAP rate.Wanted: new owners/investors! Nestles in the heart of Gary, this all-brick, remodeled 3-unit apartment brings in $2900/month with one VACANT unit. Walking distance to the Railcats stadium ensures entertainment options just around the corner. The nearby toll road also makes commuting a breeze, providing convenience for both tenants and potential resident/owner. Not just a home but an investment in a great location at a current 9.5% CAP rate.
  1. Listed by Christine Coughlin • Listing Leaders
    P: (219) 508-5555 C: (219) 508-5555 nwi.broker.chris@gmail.com
  2. Listed by Cristina Schmal-Jimenez
    P: (219) 477-7061

Property Details for 441 Connecticut Street

Zoning
Residential
Subdivision
Gary Land Companys Add 01
Garage # of Cars
3
Pets Allowed
No

Location

Listing Courtesy of Listing Leaders
Add your commute
LISTING UPDATED: 05/20/2024 04:07 PM

Property Details for 441 Connecticut Street

StatusActive Under Contract
MLS #803266
Days on Market14
Taxes$2,302 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1931
CountyLake County

Location

Listing Courtesy of Listing Leaders
Add your commute

Building Information for 441 Connecticut Street

Building/Complex441 Connecticut StFloor-Stories-Residences3Pet Policy-Year Built1931Building Size-

Payment Calculator

$1,774 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,583

Property Taxes

$192

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 441 Connecticut Street

Summary
Location and General Information
  • Directions: From I-65 N take US-12 W/US-20 W, Turn left onto Connecticut St.
  • Cross Street Address: 4th Ave.
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46402
  • Zip Plus 4: 1312
  • Latitude: 41.60
  • Longitude: -87.33
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $2,302.22
  • APN/Key #: 450803155005000004
  • Tax Year: 2023
  • Tax Legal Description: GARY LAND CO'S 1ST SUB. ALL L.36 BL.108
School Information
  • School District: Gary
Parking
  • Garage Description: Additional Parking, Unassigned, Garage Faces Rear, Paved, Outside, Off Street, Detached, Alley Access
  • Carport - # of Cars: 0
Property
Lot Information
  • Lot Measurement: Acres
  • Lot Square Footage: 3,963.96
  • Total Sq. Ft.: 3964.0
  • Lot Dimensions: 125x31
  • Square Footage Source: Assessor
  • Acres: .09
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1931
  • Lot Description: Back Yard, Near Public Transit, Level, Front Yard, Few Trees, City Lot
  • Road Access: City Street
  • Accessibility Features: Accessible Bedroom, Safe Emergency Egress from Home, Walker-Accessible Stairs, Common Area, Accessible Washer/Dryer, Accessible Stairway, Accessible Kitchen Appliances, Accessible Hallway(s), Accessible Doors, Accessible Common Area, Accessible Closets
  • Frontage Type: Other
Utilities
  • Utilities: Cable Available, Sewer Available, Water Connected, Water Available, Sewer Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Cable Connected
  • Electric: 220 Volts, Separate Meters
Interior and Exterior Features
Exterior Features
  • Exterior Features: Awning(s), Storage, Lighting
  • Out Buildings: Garage(s)
  • Foundation Details: Brick/Mortar
  • Levels: Three Or More
Interior Features
  • Appliances: Built-In Electric Oven, Washer, Free-Standing Refrigerator, Electric Water Heater, Dryer
  • Basement: No
  • Total Full Baths: 3
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 3
  • Bedrooms: 9
  • Basement Sq Ft: 0.0
  • Cooling: Window Unit(s)
  • Flooring: Carpet, Hardwood, Luxury Vinyl
  • Equipment: Varies by Unit
  • Heat Type: Radiant, Steam, Separate Meters
  • Interior Features: High Ceilings, Wired for Data, Pantry, Soaking Tub, Recessed Lighting, Primary Downstairs, Open Floorplan, Natural Woodwork, High Speed Internet
  • Roof: Flat, Rolled/Hot Mop
  • Total # of Rooms: 18
Multi Family
Multi-Family Information
  • # of Units: 3
Rental
Rental Information
  • TenantPays: Cable TV, Telephone, Other, Electricity, Insurance

Property History for 441 Connecticut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 441 Connecticut Street

Taxable ValueLand$1,500Additions$89,800Total$91,300
Tax Record2022$1,122 ($94 / month)
Home Facts
Total Finished SqFt3,861 SqFtAbove Grade Finished SqFt3,861 SqFtStories3Lot Size3,964 SqFtStyleMulti-Family Res (5+ Units)Year Built1931CountyLAKEAPN45-08-03-155-005.000-004

Schools near 441 Connecticut 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
Daniel Hale Williams 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.

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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 Listing Leaders

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.