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1520 Portage Avenue

South Bend, IN 46616
  • $200,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 202400245
UPDATED: 38 min ago
$200,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
  • 3,289
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Tyler Glenn of Tiffany Group Real Estate Advisors LLC: .

Description

Unique investment opportunity just minutes from down town South Bend. This fully occupied building includes 2 Office spaces with frontage on Portage and a two story 3 Bedroom 1 bath residential house in the back facing Queen St. House has some updates including newer HVAC. Currently pulling in 2,050 per month in rent, this property offers flexibility and good cash flow.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-02-23T10:28:14.64.

www.housesinfortwayne.com/homes/146332021
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1520 Portage Avenue South Bend, IN 46616

  • Price: $200,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 38 min ago
  • MLS #: 202400245
3
Beds
1
Baths
2
½ Baths
0.12
Acres
3,289
SQFT
$61
$/SQFT
1920
Built
Neighborhood:
North West / Northwest
County:
St. Joseph
Area:
St. Joseph
Elementary School:
Muessel
Middle School:
Edison
High School:
Clay
School District:
South Bend Community School Corp
Property Description
Unique investment opportunity just minutes from down town South Bend. This fully occupied building includes 2 Office spaces with frontage on Portage and a two story 3 Bedroom 1 bath residential house in the back facing Queen St. House has some updates including newer HVAC. Currently pulling in 2,050 per month in rent, this property offers flexibility and good cash flow.
Exterior Features

Exterior BrickVinyl Lot Description Corner Lot Dimensions 51X118 Outbuilding None Parking Spaces 6 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 3289 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingCountertops-Laminate Basement Foundation Unfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 650 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetTileVinyl Heating Fuel GasForced Air Microwaves 1 Ranges Ovens 1 Refrigerators 1 Rooms Below Grade 2 Total Baths 3 Total Below Grade Sqft 650 Total Sq Ft 3939 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 0 Unit1 Sq Ft 600 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 0 Unit2 Sq Ft 600 Unit3 Basement YN Yes Unit3 Bathrooms 1 Unit3 Bedrooms 3 Unit3 Sq Ft 1400 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 24600 Annual Insurance Expense 5121 Annual Maint Expense 2000 Annual Misc 2460 Annual Net Income 10504.81 Annual Property Tax 4514.19 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assessed Value 107100 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 2 Electric Meters 3 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2050 Gross Monthly Rent 2050 Inside City Limits Yes Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Building InsuranceLawn MaintenanceMaintenance Owner Real Estate License YN Yes Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays ElectricFuelSewerTrash CollectionWater Three Bedrooms 1 Township Portage Two Bedrooms 0 Unit1 Unit Rent 450 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 800 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 800 Unit3- Currently Rntd Y / N Yes Units Rented 3 Water Utility City Year Taxes Payable 2023

Listing provided by Tyler Glenn of Tiffany Group Real Estate Advisors LLC: .

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-02-23T10:28:14.64.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Tyler Glenn of Tiffany Group Real Estate Advisors LLC: .