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$238,000

Est. payment - /mo

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4 Beds

2 Baths

9,278 SqFt

Price Dropped by $1K

2715 Floyd ST Lake Station, IN 46405

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Gus Morquecho

mba@re-consultinggroup.com +1(219) 308-2266

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,278 sqft

Price per Sqft $25

Subdivision Lake Station 01

MLS Listing ID 826523

Bedrooms 4

Full Baths 2

Year Built 1924

Annual Tax Amount $2,076

Tax Year 2023

Lot Size 9,278 Sqft

Acres 0.213

Property Sub-Type Duplex

Property Description

Two Homes on one lot Opportunity in a Prime Location with a high cap rate!!! Welcome to 2715 Floyd St, a one-of-a-kind property offering two ranch-style homes on one lot, perfect for investors or multi-generational living! The front home has been beautifully remodeled with a modern, open-concept design, featuring 2 bedrooms, 1 bathroom, and a brand-new furnace. The second home also includes 2 bedrooms and 1 bathroom--ideal for extended family, guests, or generating rental income. Outside, you'll find a spacious 2.5-car heated garage with wood-burning stove, an enclosed screened porch, and a meticulously landscaped yard that's perfect for relaxing or entertaining. Additional highlights include separate NIPSCO meters for each home and a prime location with easy access to Chicago, shopping, hospitals, and nearby attractions like the International Dunes Park. Whether you're looking for steady cash flow with over a 12 cap rate or a unique related-living setup, this dual-home property has it all!

Location

State IN

County Lake

Zoning Residential

Interior

Interior Features Ceiling Fan(s), Country Kitchen, Open Floorplan

Heating Central, Natural Gas, Forced Air

Fireplace N

Appliance Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range

Exterior

Exterior Feature Lighting, Rain Gutters, Private Yard

Garage Spaces 2.5

View Y/N true

View true

Building

Lot Description Back Yard, Landscaped

Story One

Others

Tax ID 450918379011000021

SqFt Source Assessor

Acceptable Financing NRA20250818213537378024000000

Listing Terms NRA20250818213537378024000000

Pets Allowed Dogs OK

Virtual Tour https://my.matterport.com/show/?m=85WoMNhkWw4

Listed by McCormick Real Estate, Inc.

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Gus Morquecho

Broker Associate | License ID: RB140551680

+1(219) 308-2266