400 E 20th Avenue, Gary, IN 46407

• 14 beds |
• 8 baths

Property Description

BRING YOUR BEST OFFER!! Investor Special - 8-Unit Building with Huge Potential!Attention investors and rehabbers! This 8-unit property offers a rare opportunity to add tremendous value through a full gut rehab. Featuring a main building with a storefront plus multiple residential units, as well as two additional houses in the back, this property has flexible layouts and endless potential.Main Building:First Floor: Front commercial storefront plus 2 large residential units (each 2 bed/1 bath, with potential to convert to 3 bedrooms).Second Floor: Two spacious 2 bed/1 bath units.Basement: Potential to build out 2 additional apartments.Back Houses (2 Units Each):First Floor: 2 bed/1 bath units.Basement: 1 bed/1 bath units.Current tenant occupies one 2 bed/1 bath unit.This property is ideal for an investor looking for strong rental income potential or a savvy buyer ready to house-hack--live in one unit while renovating and renting the rest. Once rehabbed, this building has the potential to generate substantial cash flow and long-term appreciation.

Listing Status:

Pending

Listing Office:

@properties/Christie's Intl RE : (219) 440-0070

Listing Agent:

Chanelle McGee :

MLS ID:

826470

Interior

• General: None
• Appliances: None
• Basement: Unfinished
• Heating: Forced Air

Exterior

• General: None

Construction

• General: Two

Location

• Originating MLS: nira
• County: Lake

Lot

• Zoning: GARY INV. CO'S 1ST SUB. L.25 BL.5 ALL L.26 BL.5450810376022000004

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: nira

This listing courtesy of Chanelle McGee, @properties/Christie's Intl RE