$300,000
Active

813 W 3rd Street

Mishawaka, IN 46544
5431 sqft | 7 beds | 4 baths | #202511079
Browse 33 photos
Structure:Attached Home
Zone:Residential

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

Indiana Home Team RealtorsReal Estate Group
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