Active

929-935 Glen Park Avenue

Griffith IN, 46319

$599,900


Active

Commercial

Built in 1982

5 PROFESSIONALLY MANAGED FULLY RENTED 2BDRM 1 BATH condos are being offered as one package...These units are in 4 separate buildings...These are all long term tenants (4 of them have been here over 10 years)...Rock solid brick buildings with clean hallways, intercom security, tenant storage and coin laundry on every floor...all units come with fridge, stove, dishwasher & fireplace...Plenty of parking...Inground Pool...landscaped common areas with picnic tables...The units are all in good shape and rented...4 of the units have new furnace/AC and tower...a couple of the units could use new carpet but 4 of these tenants have been here for10 plus years...929-303 $945 (930 sq-ft) / 931-101 $950 (1180 sq-ft) / 933-106 $1000 (930 sq-ft) / 935-101 $945 (930 sq-ft) / 935-204 $930 (930 sq-ft)...HOA pays water, sewer, garbage, snow, grass, landscape, maintenance and building insurance...HOA fee 185 per/month...taxes 210 per/month...management fee 65 per/month...There has always been room to grow these rents...With some updates these rents could be increase by 40 or 50 %...Excellent location close to plenty of shopping, dining, entertainment and only a 10-minute drive to the train station.

814281

MLS ID

December 24, 2024

Listed

January 17, 2025

Updated

Map

929-935 Glen Park Avenue
Griffith IN, 46319

Interior Features

Interior Features

None


Appliances

Dishwasher, Refrigerator, Free-Standing Electric Oven


Laundry Description

Common Area


Floor Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Exterior Features

Balcony, None


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$2,522


Tax Frequency

Annually


Days on Market

23


Garage

No


Parking

Additional Parking, Off Street


Parking Total

40


View

No


County

Lake


Municipality

North


Water Source

Public


Pool

No

Courtesy of BHHS Executive Realty, David Harkabus,
Listing Contact:  

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