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$15 / month

8031 Euclid Avenue Munster, IN 46321

  • 6,500 sq. Ft
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Property Description
<div>5 Available Units in Six Unit Building for Rent in Munster IN. Clean, Ground level building located one block east of Calumet Ave behind Target. Plenty of parking. <br><br></div><div><span style=font-size: 10pt;=>The upside is a well above market cap opportunity in a great building with no deferred maintenance. NOI Pro Forma $108,000 provides a 12 CAP in a 5 to 7 CAP market. 7 CAP results in value of over 1.5mm.</span><br></div><div><span style=font-size: 10pt;=><br></span></div><div>Owners recently finished interior remodel and have leased up to tow spaces. In the process of filling out additional spaces. Interior walls can be moved, so building currently represents an income play opportunity for owner occupants. Each unit is separately metered and has at least one bathroom, furnace, and air conditioning. Good roof and parking lot. 50 parking spaces.</div><div><br></div><div><br></div>
Address:8031 Euclid Avenue Munster IN 46321
Status:Active
on site: 28 days
Price:$15
Bathrooms:0
Sq. Feet:6,500
Year Built:1983
Lot Size:0.80
County: Lake
MLS #:480301
Property Type:Rental

Directions:Calumet Ave to Broadmoor, east to Euclid, property on corner of Euclid and Broadmoor
Total Sq. Ft. :6,500
City:Munster
Subdivision: None
Zip Code:46321
Total Sq. Ft.:6,500
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company, Inc.
Jeff Safrin
Additional Phone (219) 309-9930
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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.