Refine Search
Map
Sort by
$275,000
5 Beds ⋅ 3 Baths
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.

1910 S Calhoun Street, Griffith

Updated . Information deemed reliable but not guaranteed.