441 Connecticut Street Gary, IN $ 290,000
441 Connecticut Street
$ 290,000
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441 Connecticut Street

Gary, IN, 46402
$ 290,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 2,026

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Multi-Family Home for sale in Gary, IN

for $290,000 with 9 bedrooms and 3 full baths. This home was built in 1931 on a lot size of 0.091.

Wanted: new owners/investors! Nestles in the heart of Gary, this all-brick, remodeled 3-unit apartment brings in $2900/month with one VACANT unit. Walking distance to the Railcats stadium ensures entertainment options just around the corner. The nearby toll road also makes commuting a breeze, providing convenience for both tenants and potential resident/owner. Not just a home but an investment in a great location at a current 9.5% CAP rate.

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Multi-Family Active

Price

$ 290,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,302

Style

Apartment

Lot Size

0.091

Year Built

1931

Town/City

Gary

County/Region

Lake

MLS | Web ID

803266

Features
General
Interior Features High Ceilings High Speed Internet Natural Woodwork Open Floorplan Pantry Primary Downstairs Recessed Lighting Soaking Tub Wired for Data
Sewer Public Sewer
Heating Radiant Separate Meters Steam
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Connected Sewer Available Sewer Connected Water Available Water Connected
Appliances Built-In Electric Oven Dryer Electric Water Heater Free-Standing Refrigerator Washer
Exterior Features Awning(s) Lighting Storage
Garage Spaces 3
Patio/Porch Features None
Pool Features None
Security Features Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s) Varies By Unit
Pets Allowed No
Year Built 1931
Electric 220 Volts Separate Meters
View City City Lights Downtown Neighborhood
Township Calumet
Levels Three Or More
Property SubType Apartment
Tax Year 2023
Gross Income 34800
Community Features Curbs Sidewalks Street Lights
Accessibility Accessible Bedroom Accessible Closets Accessible Common Area Accessible Doors Accessible Hallway(s) Accessible Kitchen Appliances Accessible Stairway Accessible Washer/Dryer Common Area Safe Emergenc
County Lake
Net Operating Income 27698
Insurance Expense 1800
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Gary Land Companys Add 01
Garage Y/N Y
Rent Includes Gas Sewer Trash Collection Water
Total Rooms 18
Status Active
Directions From I-65 N take US-12 W/US-20 W Turn left onto Connecticut St.
City Gary
High School District Gary
Zoning Description Residential
Lot Size Square Feet 3963.96
Waterfront Y/N N
Street Name Connecticut
Tax Annual Amount 2302.22
Electric Expense 600
Property Condition Updated/Remodeled
Trash Expense 1200
Lease Considered Y/N N
Standard Status Active
Total Actual Rent 34800
Taxes 2302
Legal Description GARY LAND CO'S 1ST SUB. ALL L.36 BL.108
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Exterior
Fencing Back Yard Chain Link Fenced Front Yard
Parking Features Additional Parking Alley Access Detached Garage Faces Rear Off Street Outside Paved Unassigned
Lot Features Back Yard City Lot Few Trees Front Yard Level Near Public Transit
Water Source Public
Total Parking 3
Lot Dimensions 125x31
Lot Size Acres 0.091
Road Surface Type Paved
Frontage Length 31
Lot Size Source Assessor
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Interior
Window Features Double Pane Windows Insulated Windows Screens
Fireplace Y/N N
Above Grade Finished Area 3861
Full Baths 3
Half Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features Common Area Electric Dryer Hookup Inside Laundry Room Main Level Washer Hookup
Total Bedrooms 9
Total Baths 3
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* Excluded Features
List By
Christine Coughlin

Listing Agent

Listing Leaders

Broker

nwi.broker.chris@gmail.com

Email

Affordability Calculator

$2,218
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,026
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4001616 Elementary School
4001695 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$290,000 Listed Price

Map


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441 Connecticut Street, Gary, IN, 46402 is a Multi-Family Home for sale at $290,000 with a lot size of 0.091. 441 Connecticut Street has 9 bedrooms, 3.0 baths, and was built in 1931. The property's zip code is 46402 which is in Gary, IN