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1136 Connecticut St, Gary, IN, 46407

8beds
4baths
--sqft
$80,000
--price/sqft
$820/moest. monthly cost
$32,800/yrincome needed

About This Home

Located on Gary's East Side, this solid brick 4-unit offers a prime value add opportunity with a stable structure ready for a complete gut renovation following fire damage. Fully vacant, the property allows immediate access to rebuild each unit to modern standards, with four income producing units, a detached garage, and a spacious lot adding to its upside. The building consists of one three bed one bath on main level, upper level has a two bed one bath unit and one bed one bath unit, and the basement unit has two beds and one bath. Sold as is and best suited for cash or rehab financing, this is a straightforward project with serious potential to build equity and cash flow.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

3/10
Gary Middle SchoolGrades 6-84.8 mi
1/10

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • None
  • Finished area above ground: 4,311

Heating

  • Heating features: Hot Water

Property

Details

  • Parcel number: 450810152011000004
  • Special condition: None

Features

  • Levels: Two

Lot

  • Lot size: 4,138 sqft
  • Features: Back Yard

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2