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$154,900
Listing Price8beds
3baths
2,082sqft
5,676sqft lot
2508 Mishawaka Ave, South Bend, IN 46615
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
This property offers a total of 6 income-producing units along with an office or storage space, providing a robust cash flow of over $2,000 per month. The unit mix includes 4 studio units, with 3 currently rented, and two 1-bedroom units, all of which are fully rented out. Income Potential: With a strong rental history and long-term tenants, this property presents a stable income stream for investors. Convenient Location: Situated in a convenient location, the property offers easy access to amenities and transportation, enhancing its appeal to tenants. Low Vacancy Rates: The current occupancy rate indicates high tenant satisfaction and suggests low turnover, reducing the risk of income loss. Investment Opportunity: This property represents an excellent investment opportunity for those seeking stable rental income. With a solid cash flow and a mix of unit types, it provides diversification and income stability.
Interior Details
2082
8
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
5676
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
Mat/raft Foundation (slab)
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$870
$1,600
$38,800
--%
$40,400
2018
$971
$1,600
$38,700
--%
$40,300
2017
$997
$1,600
$39,100
--%
$40,700
2016
$1,014
$1,600
$38,300
--%
$39,900
2016
$1,014
$1,600
$38,300
--%
$39,900