228 TYLER ST
GARY, IN 46402

$89,900

4 Beds

3 Baths

1,472 Sq Ft

Status Active

MLS# 544784

Calling all investors and house hackers! This fantastic 2-unit property is bursting with potential and ready for sale! Situated in an ideal location near highways, schools, parks, and the IN/IL border, convenience is at your fingertips.The main level unit offers 2 bedrooms and 1 bath, while the top unit mirrors this layout with its own 2 bedrooms and 1 bath, alongside generously sized living rooms. Currently, the owner occupies one unit, while the second unit awaits its new tenant.With a current Cap Rate of 12% and ample room for improvement, this property presents a lucrative opportunity for income-producing investment. Don't miss out on this chance to maximize your returns! Call us today with any inquiries.

Details for 228 TYLER ST

$61 / Sq Ft

4 parking spaces

Forced Air

115 Days on website

0.086 acres lot

Interior

Appliances

None

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Carpet, Hardwood, Tile

Interior Features

Ceiling Fan(s)

Laundry Features

Common Area

Living Area

1,472 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Fire Alarm"]

Year Built

1916

Exterior And Lot

Exterior Features

Balcony

Lot Features

Landscaped, Level

Lot Size Acres

0.086

Lot Size Square Feet

3746.16

Lot Size Units

Square Feet

Parking Features

Additional Parking, None, On Street, Other

Parking Total

Patio And Porch Features

["Patio", "Porch"]

Pool Features

["None"]

Utilities

Cooling

["None"]

Heating

Forced Air

Area And Schools

City

Gary

Community Features

Street Lights

County Or Parish

Lake

Subdivision Name

Gary Land Companys 08

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$1,186

Tax Year

2023