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$154,900

Listing Price

8beds

3baths

2,082sqft

5,676sqft lot

2508 Mishawaka Ave, South Bend, IN 46615

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

33.81

Price / sqft

1900

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

Square Feet
  • 2082

Bedrooms
  • 8

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5676

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • Mat/raft Foundation (slab)

Roof
  • N/A

Roofing Material
  • 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

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Average Home Price in 46615

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
154,900
$
Down payment
30,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
929.4
$
HOA (Monthly)
0
$
PMI
0
$
$1,003
Your Payment
Total Monthly Payment:$1,003
Percent of Income:17%
Affordable:Yes
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Details for 2508 MISHAWAKA AVE

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History

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