2140 Indianapolis Boulevard

Motivated sellers. Multi faceted investment opportunity. Located minutes from 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St Joseph. Property includes two separate single family homes on one parcel, plus a large parking area with space for ten or more vehicles and additional vacant lots to the east and west offering future potential. The front home is vacant and requires a complete remodel. Property is being sold as is. The front home features five bedrooms, two full bathrooms, a large eat in kitchen, family room, hobby space, and in home laundry, with market rent potential around 1925 per month or more. The rear home is currently tenant occupied on a month to month lease, allowing for immediate income. The rear home features six bedrooms and two full bathrooms, one on each level, with recent paint and flooring updates. The main level includes a kitchen, living room, and three bedrooms. The upper level features a large family room, three additional bedrooms, and laundry. Owner covers one water bill. Tenants are responsible for gas and electric through NIPSCO. Ample parking and a roof approximately ten years old add to the value. Ideal opportunity to generate cash flow while planning long term strategy.