South Bend, IN 46615-2252,2508 Mishawaka Avenue
South Bend, IN 46615-2252,2508 Mishawaka Avenue
South Bend, IN 46615-2252,2508 Mishawaka Avenue
34
$154,900
$154,900
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 BD
3 BA
2,082 SqFt

2508 Mishawaka Avenue South Bend, IN 46615-2252

Est. payment /mo
SOLD DATE : 05/16/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $154,900

Property Type Multi-Family

Sub Type Sevenplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,082 sqft

Subdivision Berner Grove

MLS Listing ID 202408742

Style Two Story

Bedrooms 8

Full Baths 3

Year Built 1920

Tax Year 2023

Lot Size 5,662 Sqft

Property Sub-Type Sevenplex

Property Description

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.

Location

State IN

County St. Joseph County

Area St. Joseph County

Rooms

Dining Room 0

Interior

Flooring Carpet

Laundry , 0

Exterior

Amenities Available Other-See Remarks

Building

Lot Description Irregular

Story 2

Structure Type Aluminum

New Construction No

Schools

Elementary Schools Nuner

Middle Schools Jefferson

High Schools Adams

School District South Bend Community School Corp.

Read Less


Indiana Regional MLS (IRMLS)
Listed by Gene Risner • At Home Realty Group • Office: 574-968-0100
Bought with Traci Parcell • McKinnies Realty, LLC Elkhart

GET MORE INFORMATION

agent

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

Name
Phone*
Message