$330,000
$300,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
216 E Goldsborough ST Crown Point, IN 46307
4 Beds
3 Baths
9,240 SqFt
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 9,240 sqft
Price per Sqft $35
Subdivision Railroad Add
MLS Listing ID 822630
Sold Date 07/18/25
Bedrooms 4
Full Baths 3
Year Built 1878
Annual Tax Amount $4,640
Tax Year 2023
Lot Size 9,239 Sqft
Acres 0.2121
Property Sub-Type Triplex
Property Description
This well-located 3-unit property in Crown Point, IN offers a rare opportunity for both owner-occupants and investors looking to capitalize on one of Northwest Indiana's strongest rental markets.With a desirable unit mix of studio, one-bedroom, and two-bedroom layouts, and one unit currently vacant, it presents a perfect scenario for a buyer to move in while collecting rental income from the other two month-to-month tenants.The pro forma rent potential of 3,945/month highlights a strong opportunity to increase cash flow through market rent adjustments.Situated near downtown Crown Point in a neighborhood with strong demand and limited multifamily supply, this is a rare chance to acquire a stabilized asset with upside in both income and value.
Location
State IN
County Lake
Interior
Interior Features None
Heating Forced Air, Natural Gas
Fireplace N
Appliance Dryer, Washer, Refrigerator, Gas Range
Exterior
Exterior Feature None
Garage Spaces 2.0
View Y/N true
View true
Building
Lot Description Corner Lot
Story Two
Others
Tax ID 451605451016000042
SqFt Source Assessor
Acceptable Financing NRA20250616191737542081000000
Listing Terms NRA20250616191737542081000000
Financing Conventional
Pets Allowed No
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Bought with Better Homes and Gardens Real
Erin Booker | Ellis Booker | Andrew Austria
Real Estate Team | License ID: 475.192053