Explore Crown Point, IN Homes for Sale Between $500,000 to $550,000

Crown Point, IN Homes for Sale Between $500,000 to $550,000 Map Search

Homes for Sale in Crown Point, IN Between $500,000 to $550,000

Welcome to your dedicated resource for Homes for Sale Between $500,000 to $550,000 in Crown Point, IN. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Crown Point, IN agent, Kimberly Sut Group specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available between $500,000 to $550,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Crown Point, IN Homes for Sale Between $500,000 to $550,000

$544,900
838817 MLS Steven Koleno
Well-maintained 4-unit apartment building, multifamily asset located in Crown Point, Indiana sitting on 0.51 acres. Built in 1978, this 4-unit property provides a strong investment opportunity. Prime location near schools, a community park, and local amenities, including on-site laundry facility and hallway storage for occupants. Owner is responsible for water (cold/hot) in units and common area, electricity only in common area, for gas bill in common area, and home owner association fees. Units are fitted with in-wall electric air conditioning units, electric baseboard heating, and electric appliances including stove. Tenants are responsible for respective electric bills. First floor units include a walk out patio, second floor units include a balcony. A car port in front of the building provides ample parking spaces. Spacious grass surrounding the building with a small stream behind the property. Brand new, single-layer roof installed in 2017. Rent: Understandably these may be lower than what the market may dictates but the owners financial capabilities allows lower rents to minimize turnover. Current tenants between 5-14 yrs on premise. New owners would have the ability to adjust rent to meet their needs. Total revenue: 4,160/month (includes est value for one open vacancy) + Laundry revenue ~200/month Expenses: - HOA 150/month includes garbage 2x week, fertilizer, and mowing/snow plowing parkway and parking lot - Water 135/mo - Elec 50/mo - Gas 50/mo Misc Details: -Gas is only in laundry room to support water heaters and dryer. No gas in units. -Water heaters 10 years -Washer (~2yrs) & Dryer (~5 yrs) are Speedqueen commercial quality. -No furnaces. -Each unit is fully electric with electric baseboard heating and electric stove. Tenants pay electricity. AC wall units: - 3 bd 1st unit 3yrs old, 2nd unit is older unknown age. - 2 bd all units have new AC units 1 yr old.

8137 Pine Island Terrace, Crown Point

Listing courtesy of Steven Koleno from Beycome Brokerage Realty LLC.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.