$60,000

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4341 Maryland Street Gary, IN, United States 46409

This 2-bedroom, 1-bathroom brick bungalow is the perfect AS-IS investment for a savvy buyer looking to execute a high-return flip or establish a strong rental property in the desirable Glen Park neighborhood. Financial projections are promising, with a conservative estimated ARV (After Repair Value) of approximately 165,000k, and post-renovation rental rates expected to achieve 1,250+ per month. The home offers excellent foundational features, including existing hardwood floors throughout that can be restored to their original beauty. Furthermore, the unfinished basement boasts the required ceiling height, providing a straightforward opportunity to finish the space, add significant livable square footage, and instantly boost the property's overall value. This is a must-see for any investor ready to capitalize on a project with major built-in equity potential.

Amenities

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1953
  • Built in 1953
  • Home size: 864 ft2 / 80.27 m2
  • MLS: 829292
  • Status: Active

Property brokered by

@properties Christie’s International Real Estate

(312) 506-0408

Get more listing details on brokerage site

Presented by Larita Thomas

  • (219) 440-0070 (Office Phone)

Contact Larita Thomas

Contact Agent

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