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$ 1,490,000
Est. payment /mo
New
14424 Morse ST Cedar Lake, IN 46303
13,320 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,320 sqft
Price per Sqft $111
MLS Listing ID 842277
Year Built 1930
Annual Tax Amount $17,973
Tax Year 2024
Lot Size 0.567 Acres
Acres 0.567
Property Sub-Type Multi Family
Property Description
This exceptional investment opportunity offers 15 residential units and one retail space in the highly desirable and supply-constrained Cedar Lake rental market. Nearly all residential units have been recently renovated with modern finishes, providing investors with a turnkey asset that requires minimal immediate capital improvements. The property's strong in-place cash flow, significant unit count, and continued potential for future rent growth make it an outstanding opportunity for investors seeking both stability and long-term upside in one of Northwest Indiana's most sought-after rental markets.
Location
State IN
County Lake
Interior
Interior Features Other
Heating Forced Air, Other
Fireplace N
Appliance Other
Exterior
Exterior Feature Other
View Y/N true
View true
Building
Lot Description Other
Others
Tax ID 451535185011000043
Acceptable Financing NRA20260714185828858323000000
Listing Terms NRA20260714185828858323000000
Listed by Ellsbury Group • Andrew Page