Charming Investment Opportunity: 3864 W Harrison St, Gary, IN 46408 For $137,500
If you're an investor seeking a property that promises both immediate returns and long-term potential, look no further than 3864 W Harrison St in Gary, Indiana. Listed at an attractive price of $137,500, this lovely 3-bedroom, 2-bath home ticks all the right boxes for a savvy real estate investment.
The house is not only welcoming but also practical. A finished basement adds valuable living space, perfect for a rec room, home office, or additional storage. The updated furnace ensures efficient heating, minimizing any immediate repair costs. Outside, the property features a private driveway and a garage, providing ample parking and convenience. The fenced-in yard is perfect for pets, children, or simply enjoying a bit of outdoor serenity.
Location is always a crucial aspect of real estate, and 3864 W Harrison St doesn't disappoint. Situated close to the expressway, commuting becomes a breeze for any future tenants or potential buyers. The property's proximity to a university adds another layer of appeal, making it attractive to both students and faculty. Additionally, being near a casino provides entertainment options and potentially a more vibrant rental market.
One of the standout features of this listing is its current tenant, who has a lease agreement through March 31, 2025. This guarantees an immediate and steady rental income, making it a perfect situation for investors looking for a hassle-free addition to their portfolio. The property is being sold AS-IS, which signals that while it's move-in ready, it also offers potential for value-adding updates.
In summary, 3864 W Harrison St offers an enticing blend of location, features, and immediate rental income. Priced at $137,500, this property presents an exceptional investment opportunity in the thriving real estate market of Gary, IN. Whether you're a seasoned investor or just starting out, this listing deserves your attention.