Whether you're an investor looking for immediate cash flow or a buyer hoping to offset your mortgage with rental income, this updated brick duplex is an opportunity you won't want to miss. This property offers the perfect combination of immediate income potential and long-term value. One unit is already tenant-occupied, providing instant rental income, while the second unit is ready for a new tenant or an owner-occupant looking to offset their mortgage with rental revenue. Both units have been thoughtfully updated, making this a truly turnkey opportunity. Whether you're expanding your investment portfolio or searching for a property with built-in income potential, this duplex checks all the boxes. As an added bonus, the sale includes an adjacent buildable lot, offering endless possibilities for future development, expansion, or additional investment potential. Conveniently located near downtown Griffith, you'll enjoy easy access to local restaurants, shops, parks, and community events while benefiting from a desirable location with strong rental appeal. Don't miss this rare opportunity to own an updated income-producing property plus a buildable lot all in one package!
Investor opportunity: Why buy one rental property when you can own two fully remodeled homes on a single parcel? Located on more than one acre in Griffith's New Elliott area within the highly regarded Lake Central School District, this unique property offers two separate residential structures and multiple paths to generating income. The primary home features 3 bedrooms, 2 bathrooms, and nearly 1,100 finished square feet. Notable features include a split-bedroom floor plan, primary suite with ensuite bathroom, finished laundry room, and an open-concept living room and kitchen designed for modern living. The accessory dwelling unit adds over 800 finished square feet and creates exceptional flexibility. The second home includes a spacious living room, finished laundry area, and two bedrooms, each with its own ensuite bathroom. Whether used for long-term tenants, multi-generational housing, guest accommodations, employee housing, or owner-occupant house hacking, the possibilities are substantial. Unlike many investment opportunities, both homes have already been remodeled, reducing the need for immediate capital improvements and allowing a new owner to focus on occupancy and cash flow. The property also includes a large 2-car garage and over one acre of land--an increasingly rare combination in Northwest Indiana. Conveniently located just one mile from US-30, the property provides easy access to Schererville, Dyer, Highland, and major employment centers throughout the region. Downtown Chicago is approximately 45 minutes away. All appliances stay. Two homes. One parcel. Over an acre of land. Whether you're looking to expand your portfolio, create multiple income streams, or secure a property with built-in flexibility, opportunities like this rarely reach the market.
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 on main level 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!
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.
