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Est. payment /mo
4,356 Sqft Lot
Active
401 Morgan Boulevard Valparaiso, IN 46383
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Key Details
Property Type Single Family Home, Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision North Valparaiso
MLS Listing ID 846417
Year Built 1900
Annual Tax Amount $7,192
Tax Year 2025
Lot Size 4,356 Sqft
Property Sub-Type Apartment
Property Description
Prime Valparaiso investment opportunity! Own a fully occupied, turnkey 3-unit rental property within easy walking distance to vibrant downtown Valpo. This meticulously maintained property offers immediate cash flow with great, reliable tenants already in place. You will save big on future maintenance costs thanks to newer, individual high-efficiency HVAC systems for each unit. The property also features excellent ways to increase your rental income. A 1.5-car garage and a partially finished basement with laundry hookups are currently unused by the tenants. You can easily turn these spaces into extra revenue by adding coin-operated laundry or renting out the garage for storage. With an unbeatable downtown location and low-maintenance upkeep, this 3 unit rental property is a perfect addition to your portfolio. Schedule your investor tour today!
Location
State IN
County Porter
Rooms
Basement Partially Finished
Interior
Interior Features Eat-in Kitchen
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Driveway, On Street
Garage Spaces 1.5
Building
Lot Description Back Yard, Front Yard, Corner Lot
Schools
School District Valparaiso
Others
Acceptable Financing Cash, VA Loan, FHA, Conventional
Listing Terms Cash, VA Loan, FHA, Conventional
Listed by Coldwell Banker Real Estate Gr
NEARBY SCHOOL & BUSINESS
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