2201 Sturdy Road is an ideal investment for small to mid-size multifamily investors or owner occpupants seeking a low-maintenance, low expense property. Built in 1981, this four-unit, condo style building has an average unit sq ft of 856.
Each unit features furnace heat, AC, individual water heaters, and in-unit washer and dryer. Two of the four units have been recently remodeled, giving the property a modern, move-in-ready appeal.
The landlord is responsible only for common electricity, while tenants cover heat, water, sewer, trash, lawn care, and washer/dryer usage, minimizing operating responsibilities. All units are condo-style, enhancing appeal to long-term tenants.
This property is being offered at $539,000, presenting an attractive opportunity for investors or owner occupants looking to acquire a turnkey, income-generating asset in Valparaiso.