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$239,500

721 Central Avenue Lake Station, IN 46405

  • 7,808 sq. Ft
Property Description
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.
Address:721 Central Avenue Lake Station IN 46405
Status:Active
on site: 214 days
Price:$239,500
Bathrooms:0
Sq. Feet:7,808
Year Built:1946
Lot Size:0.22
County: Lake
MLS #:459254
Property Type:Retail

Directions:Central Ave. to property.
Total Sq. Ft. :7,808
Loan Price
$1,349
Price And Interest $1,249/month
Property Tax $0/month
MTG INS $0/month
HOME INS $100/month
Price
$239,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,200 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Subdivision: E Gary 1st Sub
Zip Code:46405
Total Sq. Ft.:7,808
Tour This Home
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Tour This Home
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Listing provided courtesy of McColly Real Estate.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.