Endless Possibilities in This 2176 sq ft Limestone Ranch 2- unit with a full basement and a 3 car garage. 1-Studio apt and 1- 2 Bedroom unit upstairs and a finished basement with 3/4 bath. You can convert basement to another unit or convert property back to single family - you choose! Don't miss out on this one!
Attention investors!!!! Located in an excellent Griffith location, this unique opportunity offers a 3-unit property conveniently located near shopping and expressways. The upper level unit is massive with a ranch design featuring 3 bedrooms, well appointed kitchen, dining room, large living room with wood burning fireplace, new vanity, medicine cabinet, new toilet in 3/4 bath, full remodel and upgraded full bath, and in unit laundry. Unit two, located on the ground level, is equally inviting, showcasing a large living room with fireplace, a functional kitchen, in unit laundry along with a bathroom that has a new vanity, new medicine cabinet, and one bedroom perfect for easy main floor living. The third unit features an open concept layout, seamlessly integrating the living room, dining room, kitchen, one bedroom and complemented by in unit laundry and a bathroom with new vanity, new toilet, new medicine cabinet, for added convenience. Outside, a fenced in backyard area provides a private space along with a shed for extra storage and a two-car garage with ample parking alongside the building. This property is a rare opportunity for homeowners to reside in one unit while renting out the others, with numerous upgrades including new delux carpet, new luxury vinyl flooring on ground floor units, fresh paint, new electrical panel, and newer three zone boiler system with sensor in each unit (2021) , windows (2023) and new central air. Utilities paid for by owner. This property is currently vacant and is turn key ready.
Income established, with flexibility for what's next A smart opportunity to step into an income-producing property with flexibility from day one. This 2-unit setup features a front 3-bedroom, 1-bath unit with a tenant already in place, offering immediate, steady cash flow, while the vacant rear studio creates the option to increase rental income or tailor the space to your needs. Whether you're looking to grow your portfolio or get started with a head start, this property offers a practical balance of stability and upside.
Amazing opportunity for a savvy investor. 3 small homes on a one-acre lot in the unincorporated Griffith/Schererville area - Lake Central Schools. At its current price and condition, you are looking at a Cap Rate of 0.15!! The units need some TLC, but the rent rates are very good. Where else can you get units for less than 100k each in the Lake Central School District? Rural feeling lot, yet close to so many conveniences (minutes to Rte. 30). Keep these units as a great investment, live in one, and rent the other two, or build your dream home and keep an in-law unit, or perhaps use it as an AirBnB, Plenty of possibilities for the creative mind! Front and middle units are Go and Show. 3rd unit can be scheduled after viewing the other 2 units. Please do not disturb back tenant. Seller is motivated.
Investor-ready duplex with immediate cash flow and upside potential! This updated duplex is currently fully occupied with two tenants, generating strong monthly rental income. One unit rents for 1,387/month and the second for 1,295/month. Both units feature updated interiors with durable luxury vinyl plank flooring, offering a modern look with low maintenance--ideal for long-term investment performance. A major bonus: the sale includes an adjacent lot, creating added value and future potential. Whether you're looking to expand, hold for appreciation, or add flexibility to your portfolio, this extra parcel sets the property apart. A solid opportunity for investors seeking immediate income, updates already in place, and additional land value--all in one purchase.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Griffith is located in Indiana. Griffith, Indiana has a population of 16,213. Griffith is more family-centric than the surrounding county with 29.12% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Griffith, Indiana is $64,265. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Griffith is 37.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 38.8 inches per year, with 32.3 inches of snow per year.
