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244 Burnham Street

Lowell IN 46356

5
4
2216 sq. ft.
19384 sq. ft.
Apartment
Currently for sale - view listing

Overview

A versatile property with something to offer for a wide range of buyers. The fully remodeled upstairs one-bedroom apartment with its own private entrance and kitchen functions beautifully as a mother-in-law suite, a rental income unit, or additional living space. The main residence features three bedrooms, two and a half baths, and a full kitchen, and together the two units offer four bedrooms plus a bonus room across 2216 square feet on .44 acres with a nice backyard and deck. This property works in multiple ways depending on what you need. Use both units as a traditional rental investment. Live in the main unit and let the upstairs apartment help cover your mortgage. Or open up the space entirely and enjoy four bedrooms plus a bonus room -- complete with two full kitchens. Both current tenants are reliable, long-term renters on flexible month-to-month arrangements who are willing to stay -- or the space can be reconfigured to fit your vision with reasonable notice. Whether you're an investor, a growing family, or someone looking for flexible living with built-in income potential, this property has options.

Features

5 bedrooms
4 bathrooms
2216 sq. ft. floor area
19384 sq. ft. lot size
Apartment

Property history for 244 Burnham Street

2020
Sold
$164,900
29 Apr 2020 by Kimberly Seitzinger, of McColly Real Estate
2014
Sold
$145,000
08 Jul 2014 by Helga Cannon, of RE/MAX Executives

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