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1716 Carolina St, Gary, IN 46407, USA

$36,300

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If you like projects, this could be the one for you! This isΒ duplexΒ withΒ two 2 bedroom/1 bathΒ units on a nice block in Gary, IN.Β  Owner pays the water and sewer while theΒ tenantsΒ pay the gas and electric. For 2 bedroom units in the areaΒ average rent isΒ $934Β giving this property aΒ pro forma NOI of $16,099! There is alsoΒ additional space in the basement that could be convertedΒ into another unit. This is a chance to update the units,Β bring in professional managementΒ and get a nice cash flow!