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Key Details
Sold Price $187,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,304 sqft
Subdivision Laurel Wood(S) / Laurelwood(S)
MLS Listing ID 202433834
Sold Date 10/18/24
Style One Story
Bedrooms 4
Full Baths 2
Half Baths 2
Abv Grd Liv Area 2,304
Total Fin. Sqft 2304
Year Built 1979
Annual Tax Amount $937
Tax Year 2024
Lot Size 0.380 Acres
Property Description
Discover a fantastic investment opportunity in the desirable Laurelwood subdivision on the north side of South Bend! This spacious duplex rental property boasts a generous 4,320 sq ft layout, featuring four bedrooms and four bathrooms, making it ideal for families. Currently, one unit is occupied by a reliable HUD tenant at $1,200 per month on a one-year lease, while the other unit enjoys long-term tenants who have resided there for nine years, providing stability and consistent income. Both units are equipped with attached one-car garages, and tenants are responsible for all utilities. The property includes a full unfinished basement with onsite laundry facilities, offering potential for further development. While the exterior could use some TLC, this duplex presents a unique chance to invest in a thriving rental community. Don't miss out on this opportunity to expand your real estate portfolio! Please reference the following MLS #s for properties available by the same owner: 202432901, 202433824, and 202433833. These may be purchased together as a package.
Location
State IN
County St. Joseph County
Area St. Joseph County
Direction Michigan to Auten Rd. Head south on Linden
Rooms
Family Room 773
Dining Room 0 x 1200
Interior
Flooring Carpet, Laminate, Vinyl
Appliance Building, Land
Laundry , 4
Exterior
Garage Spaces 1.5
Amenities Available Basement, Countertops-Laminate, Water Heater Gas, Washer Hook-Up
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description 0-2.9999
Story 1
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Darden Primary Center
Middle Schools Dickinson
High Schools Clay
School District South Bend Community School Corp.
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Andy Kern • Weichert Rltrs-J.Dunfee&Assoc.