30
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Est. payment /mo
13,320 SqFt
Price Dropped by $25K
14424 Morse Street Cedar Lake, IN 46303
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,320 sqft
MLS Listing ID 842277
Year Built 1930
Annual Tax Amount $17,973
Tax Year 2024
Lot Size 0.567 Acres
Property Sub-Type Multi Family
Property Description
This exceptional investment opportunity offers 15 residential units and one retail space in the highly desirable and supply-constrained Cedar Lake rental market. Nearly all residential units have been recently renovated with modern finishes, providing investors with a turnkey asset that requires minimal immediate capital improvements. The property's strong in-place cash flow, significant unit count, and continued potential for future rent growth make it an outstanding opportunity for investors seeking both stability and long-term upside in one of Northwest Indiana's most sought-after rental markets.
Location
State IN
County Lake
Interior
Interior Features Other
Heating Forced Air, Other
Cooling Central Air, Other
Fireplace No
Appliance Other
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Water Connected, Sewer Connected, Other, Natural Gas Connected
Roof Type Other
Building
Lot Description Other
Story 2
Structure Type Other
Others
Acceptable Financing Cash, Other, Conventional
Listing Terms Cash, Other, Conventional
Listed by Ellsbury Group
NEARBY SCHOOL & BUSINESS
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