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307 State Street, La Porte, IN 46350

$179,000.00
  • 307 State Street, La Porte, IN 46350 Main Photo

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Active
BEDS6 BATHS3 full SQUARE FEET2,519 MLS#202618634
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLaporte Community School Corp.

Property Description

Excellent value-add investment opportunity in LaPorte! This triplex features all separately metered units, offering simplified management and utility responsibility. One unit has recently been turned and is rent-ready, creating an immediate opportunity for maximum market rent. Another unit is currently rented with a long term tenant at $555/month with room for rental growth. The spacious upper unit offers great layout potential and will be vacant as of 5/30, providing flexibility for renovations, owner occupancy, or increased rental income. Several new windows have recently been added to the property, providing additional value and improvements. Located in a strong rental area with consistent tenant demand, this property offers excellent upside potential for investors looking to improve cash flow and build equity.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: None
Days on Market: 20
Heating: Forced Air
Home Style: Triplex
Lot Size: 0.11 Acres
Stories: 2.0
Year Built: 1920

Feature Descriptions

Above Grade Finished SQFT: 2519
Amenities: Water Heater Gas
Exterior: Vinyl
Lot: Level
Lot Dimensions: 43x115
Owner Pays: Building Insurance, Maintenance
Sale Inclusions: Lease
Sewer: City
Tenant Pays: Electric, Fuel, Water
Total Finished SQFT: 2519
Units: 3
Water: City

Local Schools

High School: La Porte
Middle School: La Porte
Elementary School: Riley
School District: Laporte Community School Corp.

Listed By / Shown By

Listed By

Agency Name: SUNRISE Realty
Agency Contact: Cell: 574-339-8199
Agent Name: Michelle Bordeau

Shown By

Agency Title: Collins & Company Realtors®
Agency Phone:

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Estimated Payment

$ 803.53 per month $751.32 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.21 Homeowner's Insurance

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