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For Sale

1623 Portage

1623 Portage Ave,
Chesterton, IN 46304

Asset Snapshot

1966
Year Built
2
Floor Count
1
Building Count
12 Units
Unit Count
0 SF
Average Unit Size
10,500 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

All-Brick & Fully Occupied 12-Unit apartment building consisting of (10)-2bed/ 1-bath units and (2) 1-bed/ 1-bath units. 9 of the 12 apartments have been Updated/Remodeled in the last few years. New roof, gutters, windows have been installed since 2011. Each apartment is separately metered for NIPSCO/Water/Sewer. The apartments have wall air conditioners and baseboard heat. The Landlord pays common area utilities, snow, landscape & garbage. On-site laundry! Parking in the front & rear of the building.


Investment Highlights

  • 100% Occupied!
  • 9 of 12 Units fully remodeled!
  • Coin-Op Laundry!
  • Lots of Parking!

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,775,000
Asking Price