6860 Delaware St - Apartments FOR SALE


Merrillville, IN 46410
$445,000 USD
219-805-5200
6860 Delaware St, Merrillville, IN for Sale
$445,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

6860 Delaware St
Merrillville, IN 46410


OVERVIEW

Discover an outstanding owner-occupant, related living, or investment opportunity at 6860 Delaware St in Merrillville. This well-maintained 4-unit property features one spacious 3-bed/1.5-bath unit that is move-in ready and three 1-bed/1-bath units, offering strong rental income potential. Recent remodels and updates enhance the property's appeal, while efficient utility management--tenants pay their own gas and electric, and the owner covers water, sewer, and trash--helps support solid cash flow. With comfortable layouts, individual heating systems, and a convenient Lake County location, this property is ideal for living on-site while generating income or adding a dependable asset to your portfolio.

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

4

PRICE/UNIT

$111,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,282 SF

ZONING

-

APN/PARCEL ID

45-12-15-104-005.000-030

ASK ABOUT THIS PROPERTY

Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

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Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.