Griffith, IN 46319,929-935 Glen Park Avenue
Griffith, IN 46319,929-935 Glen Park Avenue
Griffith, IN 46319,929-935 Glen Park Avenue
51
$585,000
$599,900
2.5%
Est.Price: ?

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929-935 Glen Park Avenue Griffith, IN 46319

Est. payment /mo
SOLD DATE : 04/16/2025

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Key Details

Sold Price $585,000

Property Type Commercial Sale

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 814281

Year Built 1982

Annual Tax Amount $2,522

Tax Year 2024

Property Description

5 PROFESSIONALLY MANAGED FULLY RENTED 2BDRM 1 BATH condos are being offered as one package...These units are in 4 separate buildings...These are all long term tenants (4 of them have been here over 10 years)...Rock solid brick buildings with clean hallways, intercom security, tenant storage and coin laundry on every floor...all units come with fridge, stove, dishwasher & fireplace...Plenty of parking...Inground Pool...landscaped common areas with picnic tables...The units are all in good shape and rented...4 of the units have new furnace/AC and tower...a couple of the units could use new carpet but 4 of these tenants have been here for10 plus years...929-303 $945 (930 sq-ft) / 931-101 $950 (1180 sq-ft) / 933-106 $1000 (930 sq-ft) / 935-101 $945 (930 sq-ft) / 935-204 $930 (930 sq-ft)...HOA pays water, sewer, garbage, snow, grass, landscape, maintenance and building insurance...HOA fee 185 per/month...taxes 210 per/month...management fee 65 per/month...There has always been room to grow these rents...With some updates these rents could be increase by 40 or 50 %...Excellent location close to plenty of shopping, dining, entertainment and only a 10-minute drive to the train station.

Location

State IN

County Lake

Interior

Heating Forced Air

Cooling Central Air

Flooring None

Exterior

Exterior Feature None

Parking Features Additional Parking, Off Street

Utilities Available Other

Roof Type Shingle

Building

Foundation None

Structure Type Brick,Cedar

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by BHHS Executive Realty
Bought with Baird & Warner Res. Sales Inc.

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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