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$ 319,900
Est. payment /mo
New
132-136 S Elgin ST Griffith, IN 46319
4 Beds
1 Bath
9,365 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,365 sqft
Price per Sqft $34
MLS Listing ID 842598
Bedrooms 4
Full Baths 1
Year Built 1963
Annual Tax Amount $4,662
Tax Year 2024
Lot Size 9,365 Sqft
Acres 0.215
Property Sub-Type Duplex
Property Description
Whether you're an investor looking for immediate cash flow or a buyer hoping to offset your mortgage with rental income, this updated brick duplex is an opportunity you won't want to miss. This property offers the perfect combination of immediate income potential and long-term value. One unit is already tenant-occupied, providing instant rental income, while the second unit is ready for a new tenant or an owner-occupant looking to offset their mortgage with rental revenue. Both units have been thoughtfully updated, making this a truly turnkey opportunity. Whether you're expanding your investment portfolio or searching for a property with built-in income potential, this duplex checks all the boxes. As an added bonus, the sale includes an adjacent buildable lot, offering endless possibilities for future development, expansion, or additional investment potential. Conveniently located near downtown Griffith, you'll enjoy easy access to local restaurants, shops, parks, and community events while benefiting from a desirable location with strong rental appeal. Don't miss this rare opportunity to own an updated income-producing property plus a buildable lot all in one package!
Location
State IN
County Lake
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen
Heating Central, Natural Gas, Forced Air
Fireplace N
Appliance Gas Range, Refrigerator
Exterior
Exterior Feature Fire Pit, Storage
Garage Spaces 2.0
View Y/N true
View true
Building
Lot Description Back Yard, Front Yard
Story One
Others
Tax ID 451103201016000006
Acceptable Financing NRA20260720192059224258000000
Listing Terms NRA20260720192059224258000000
Pets Allowed Yes
Listed by Better Homes and Gardens Real • Tonia Dragon