5001 Magoun AVE Active Save Request In-Person Tour Request Virtual Tour
East Chicago,IN 46312
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $66
Subdivision Sub
MLS Listing ID 829086
Bedrooms 9
Full Baths 4
Year Built 1900
Annual Tax Amount $3,586
Tax Year 2023
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Quadruplex
Property Description
This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With updated interiors, recent tenant placement, and professional management practices, 5001 Magoun Avenue offers investors a turnkey, income-producing asset with steady cash flow and reduced operational risk.
Location
State IN
County Lake
Interior
Interior Features Other
Heating Baseboard,Individual Unit,Other,Natural Gas
Fireplace N
Appliance Gas Range,Refrigerator
Exterior
Exterior Feature Other
Garage Spaces 2.0
View Y/N true
View true
Building
Lot Description Back Yard,Corner Lot,Front Yard
Story Two
Others
Tax ID 450332133001000024
SqFt Source Assessor
Acceptable Financing NRA20250930204909796395000000
Listing Terms NRA20250930204909796395000000
Pets Allowed Cats OK,Yes,Dogs OK
Virtual Tour https://my.matterport.com/show/?m=9PEKWNKLcQU&mls=1