Listing Tools

Fully occupied mixed-use 6 unit (5 commercial, 1 residential) with projected gross revenue of $49,200 for 2020. $48,000 in 2019. Zoned B-2. Taxes are only $3642.28 per year. Building is well maintained and in very good condition and is in a high traffic area. 2 story, 2 bed, 1.5 bath apartment has 1.5 car attached garage. Partial basement (15' x 15') houses electric services and water heater. In addition, there are two unheated storage rooms with a total of 900' ft. 735-739 (2 units) $1400 per month, 13 year tenant, $950 deposit; 731 - $750 per month, 18 year tenant, $750 deposit; 727 - $750 per month, new tenant 2020, $0 deposit; 723 - $500, 3 year tenant, $500 deposit; 721 - Residential apartment $700 per month, 4 year tenant, $700 deposit. Owner pays all utilities with the exception of the electric in units 727, 731, 735-739. Contract terms available to qualified buyers: Full Price Offer, $75k down, 6% Interest, 3 year balloon.

Listed by McColly Real Estate

Property Details of 721 Central Avenue

Property Details

Lake Station, IN Demographics

There is no data available

Lake Station, IN Real Estate Market Data

There is no data available

Lake Station, IN Schools

School NameDistanceTypeGrades

Map Location

Driving Directions

© 2020 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: