INCOME PROPERTY. Zoned "West U.S. 30 Special Use District". In short, can be used for virtually any residential/commercial or combined use. Can provide specific details regarding zoning upon request. Currently being rented out as 2 residential apartment units with separate entrances. MAIN level has 3 bedrooms and a full bathroom. Monthly rent is currently $1,000 with main floor tenant paying for all the utilities. UPPER level rent is $850 with cable tv/high speed internet paid for and included in the rent. The home is located in a quaint, but highly traveled part of town that is changing in a positive way, what with a dental office recently being built on the open lot to the north. Rent increases are a definite possibility for the new owner of this income property, as rents have risen considerably in the Dyer and Schererville area recently. Or the property can be occupied as a business with an upper floor apartment. Or the property can be occupied as a starter home with or without an upstairs rental unit. The upstairs rent would essentially pay the owner's mortgage almost in full. The property is in need of some exterior cosmetic repairs, but is structurally very sound. Owner/Seller will consider assisting with purchaser's down payment under the right circumstances. Minor repairs will be considered, but essentially sold "AS IS" with existing leases being transferred to new owner.
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