1. Indiana
  2. Valparaiso
  3. 143 N 500 W
$395,000

143 N 500 W, Valparaiso, IN 46385

  • 8 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1995
  • Property Lot Size Icon1.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter CountyDiscover the potential of this unique rural property situated on 1.6 acres in desirable Porter County. Currently configured as a 3-unit income-producing property, it offers a fourth unit partially built out--ready for your finishing touches. Live in one unit while generating income from the others, or lease all four for maximum returns.Gross Annual Income - 38,400 with significant upside when the 4th unit is completed and new leases are securedFlexibility - Easily convert into a spacious single-family homestead or keep as a lucrative rental investmentLand - Expansive 1.6-acre lot with privacy and room for potential future additions or enhancementsFinancing - Owner financing may be consideredDon't miss this rare chance to own a versatile, income-generating property in a peaceful rural setting with plenty of upside. Call to schedule walk-through today.

Listing Status:
Active
Listing Office:
Weichert, Realtors-Moke Agency : (219) 662-3000
Listing Agent:
Dennis Nichols :
MLS ID:
819831
  • General: None
  • Appliances: DryerWasherRefrigerator
  • Basement: FinishedWalk-Out AccessInterior Entry
  • Heating: Forced AirNatural Gas

This listing courtesy of Dennis Nichols, Weichert, Realtors-Moke Agency

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

Union Center Elementary School

272 N 600 W, Valparaiso, IN, 46385

Grades KG-5

1.70 miles away

U

Union Township Middle School

599 W 300 N, Valparaiso, IN, 46385

Grades 6-8

1.90 miles away

W

Wheeler High School

587 W 300 N, Valparaiso, IN, 46385

Grades 9-12

1.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.