813 W 3rd Street
Mishawaka, IN 46544
5431 sqft | 7 beds | 4 baths | #202511079
Description
Income-Producing 4-Plex – Nearly $4,000/Month in Projected Rent! Investors, take note! This cash-flowing 4-plex is the perfect opportunity to add a high-performing property to your portfolio. With a total projected rent of $3,950 per month across four units, plus additional income potential from the 2-car garage and unfinished basement with laundry hookups, this property is an income-generating powerhouse! *Unit Breakdown: Unit 1: 3-bed, 1-bath – Projected Rent: $1,000/month; Unit 2: 1-bed, 1-bath – Projected Rent: $850/month; Unit 3: 2-bed, 1-bath – Projected Rent: $1,250/month; Unit 4: 1-bed, 1-bath – Projected Rent: $850/month. Property Features: Two units fully remodeled, ready for premium rents; Two units in decent shape, could use some TLC for added value; Separate electric meters for easy tenant management; 2-car garage – rent it out for extra income; Unfinished basement with laundry hookup – another revenue opportunity. With strong rental demand and value-add potential, this multi-family property is a smart investment whether you're looking for passive income or a long-term hold. Don't miss out—schedule your showing today!
Property Details
- CountySt. Joseph County
- MLS #202511079
- MLS #202511079
- Property SubtypeFourplex
- Price Per Sqft$194,500
- Cost300000
- Square Feet5431
- Year Built1922
- Bedrooms7
- Bathrooms4
Location
Legal
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Last Updated: . Source: IRMLS
Listing Courtesy
Listing Agent: 30445, Phone: (574) 532-2522, Email: adampendl@pendlrealestate.com
Listing Office: eXp Realty, LLC

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