9
See all 9 photos
$57,000
Est. payment /mo
14 Beds
8 Baths
273,251,872 SqFt
Price Dropped by $3K
400 E 20th AVE Gary, IN 46407
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 273,251,872 sqft
Price per Sqft $0
Subdivision Gary Investment Company
MLS Listing ID 826470
Bedrooms 14
Full Baths 8
Year Built 1930
Annual Tax Amount $3,176
Tax Year 2024
Lot Size 6273.000 Acres
Acres 6273.0
Property Sub-Type Quadruplex
Property Description
BRING YOUR BEST OFFER!! Investor Special - 8-Unit Building with Huge Potential!Attention investors and rehabbers! This 8-unit property offers a rare opportunity to add tremendous value through a full gut rehab. Featuring a main building with a storefront plus multiple residential units, as well as two additional houses in the back, this property has flexible layouts and endless potential.Main Building:First Floor: Front commercial storefront plus 2 large residential units (each 2 bed/1 bath, with potential to convert to 3 bedrooms).Second Floor: Two spacious 2 bed/1 bath units.Basement: Potential to build out 2 additional apartments.Back Houses (2 Units Each):First Floor: 2 bed/1 bath units.Basement: 1 bed/1 bath units.Current tenant occupies one 2 bed/1 bath unit.This property is ideal for an investor looking for strong rental income potential or a savvy buyer ready to house-hack--live in one unit while renovating and renting the rest. Once rehabbed, this building has the potential to generate substantial cash flow and long-term appreciation.
Location
State IN
County Lake
Interior
Interior Features None
Heating Forced Air
Fireplace N
Appliance None
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Corner Lot
Story Two
Others
Tax ID 450810376022000004
SqFt Source Assessor
Acceptable Financing NRA20250822112859630728000000
Listing Terms NRA20250822112859630728000000
Pets Allowed No
Listed by @properties/Christie's Intl RE
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