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$ 475,000
Est. payment /mo
New
2120 Schrage AVE Whiting, IN 46394
1,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $242
Subdivision Forsyth'S Terminal
MLS Listing ID 827750
Year Built 1902
Annual Tax Amount $3,070
Tax Year 2023
Lot Size 1,960 Sqft
Acres 0.045
Property Sub-Type Quadruplex
Property Description
Rare brick 4-unit property on a desirable corner lot in Whiting, offering a unique combination of stability and value-add potential. Three units are currently occupied by long-term tenants, while the spacious potential owner's unit is vacant and recently updated, providing an excellent opportunity for either owner-occupancy or additional rental income. The property also features a large 4-car garage that is currently vacant, giving the new owner flexibility to use for personal storage, tenant parking, or as an additional income stream. Recent improvements include a new roof installed in 2022 and all new windows within the last five years, along with reliable infrastructure featuring all copper plumbing and PVC drains. With its prime location and clear room to add value, this is a rare investment opportunity that won't last.
Location
State IN
County Lake
Interior
Interior Features Other
Heating Forced Air
Fireplace N
Appliance Range, Refrigerator
Exterior
Exterior Feature None
Garage Spaces 4.0
View Y/N true
View true
Building
Lot Description Corner Lot
Story Two
Others
Tax ID 450308301016000025
Acceptable Financing NRA20250911155554392616000000
Listing Terms NRA20250911155554392616000000
Pets Allowed Yes
Listed by eXp Realty, LLC
