307 State Street

La Porte IN 46350

3175 sq. ft.

4792 sq. ft.

Duplex

Currently for sale - view listing

Overview

Excellent value-add investment opportunity in LaPorte! This triplex features all separately metered units, offering simplified management and utility responsibility. One unit has recently been turned and is rent-ready, creating an immediate opportunity for maximum market rent. Another unit is currently rented with a long term tenant at $555/month with room for rental growth. The spacious upper unit offers great layout potential and will be vacant as of 5/30, providing flexibility for renovations, owner occupancy, or increased rental income. Several new windows have recently been added to the property, providing additional value and improvements. Located in a strong rental area with consistent tenant demand, this property offers excellent upside potential for investors looking to improve cash flow and build equity.

Features

6 bedrooms

3 bathrooms

3175 sq. ft. floor area

4792 sq. ft. lot size

Duplex

Property history for 307 State Street

2021

Sold

$90,000

18 Jun 2021 by Bryon Eigenmann, of LaPorte County Realty, Inc.

Happy sellers in La Porte

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