Motivated sellers. Multi-faceted investment opportunity. Located minutes from 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St. Joseph. Property includes two separate homes, a large parking area with space for ten or more vehicles, and additional vacant lots to the east and west offering future potential. The front home is vacant and requires a complete remodel. Property is being sold as-is. This presents a strong value-add opportunity for investors or developers. The back home is occupied by long-term tenants on a month-to-month lease, allowing for immediate income. One unit offers five bedrooms, two full bathrooms, a large eat-in kitchen, family room, hobby space, and in-unit laundry, with market rent potential around nineteen hundred twenty five per month or more. The second unit has six bedrooms and two full bathrooms, one on each level, with recent paint and flooring updates. The main level includes a kitchen, living room, and three bedrooms. The upper level features a large family room, three additional bedrooms, and in-unit laundry. Owner covers one water bill. Tenants are responsible for gas and electric through NIPSCO. Ample parking and a roof approximately ten years old add to the value. Ideal opportunity to generate cash flow while planning long-term strategy.
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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Whiting is located in Indiana. Whiting, Indiana has a population of 4,571. Whiting is more family-centric than the surrounding county with 27.27% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Whiting, Indiana is $50,590. 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 Whiting is 32.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 37.8 inches per year, with 31.7 inches of snow per year.
