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7317 Madison St 2 Unit Apartment Building $290,000 ($145,000/Unit) Merrillville, IN 46410
EXECUTIVE SUMMARY
RARE OPPORTUNITY TO HAVE YOUR BUSINESS AND RESIDENCE IN THE SAME LOCATION. Two Unit Building. Upper level is an all remodeled Three Bedroom Apartment that is 1796 Sq ft. with Spacious Living room, Large Kitchen and Den. laundry etc. The Main Floor Level gives you the opportunity to run your business. 24x12 Garage with Additional Parking Spaces. ALL NEW COPPER, RADIATED HEATER, NEW THERMOSTATS, NEWER BOILER,NEW ELECTRIC, NEW PLUMBING,ALL CHERRY DOORS, SEPRATE GAS HEATER WITH BLOWER, UPDATED AND SERVICED HVAC/ AC. THE WORK SHOP DOWNSTAIRS ALSO HAS A BATHROOM. Check this one out TODAY
Private Remarks: AGENT TO VERIFY POSSIBLE FLOOD ZONE, INSURANCE MAY NOT BE REQUIRED. AGENT TO VERIFY ALL MEASUREMENTS. ALSO A FOUNDATION CURB ALREADY IN THE GROUND OFF THE BACK OF THE PROPERTY FOR AN ADDITION OFF THE BACK TO BE BUILT- OWNER IS A BUILDER AND CAN ADD/CHANGE THINGS IF AGREED APON
Directions: US 30 TO MADISON, NORTH TO PROPERTY ON EAST SIDE.
Private Remarks: AGENT TO VERIFY POSSIBLE FLOOD ZONE, INSURANCE MAY NOT BE REQUIRED. AGENT TO VERIFY ALL MEASUREMENTS. ALSO A FOUNDATION CURB ALREADY IN THE GROUND OFF THE BACK OF THE PROPERTY FOR AN ADDITION OFF THE BACK TO BE BUILT- OWNER IS A BUILDER AND CAN ADD/CHANGE THINGS IF AGREED APON
Directions: US 30 TO MADISON, NORTH TO PROPERTY ON EAST SIDE.
PROPERTY FACTS
| Price | $290,000 | Building Class | C |
| Price Per Unit | $145,000 | Lot Size | 0.90 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1942 |
| Property Subtype | Apartment | Parking Ratio | 2.42/1,000 SF |
| Apartment Style | Low-Rise | No. Drive In / Grade-Level Doors | 1 |
| Zoning | C-2 | ||
| Price | $290,000 |
| Price Per Unit | $145,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1942 |
| Parking Ratio | 2.42/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C-2 |
AMENITIES
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $58,100 | |
| Land Assessment | $103,700 | Total Assessment | $161,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$103,700
Improvements Assessment
$58,100
Total Assessment
$161,800
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7317 Madison St
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