Whiting - Beach Property For Sale #5181569

MULTI-FACETED INVESTMENT OPPORTUNITY within minutes of vibrant 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St. Joseph! Sale includes 2 SEPARATE LARGE HOMES, a 10+ car parking lot, and ADDITIONAL VACANT LOTs to the East & West waiting for YOUR vision! The city is open to hearing building plans for the empty areas. Both homes are currently rented to long-term tenants on Month-to-Month leases. 2142 (rented for 1,525 monthly) has 3 bedrooms, 2 full bathrooms (one in hobby space and one in living area), a large eat-in kitchen with family room area, hobby space, and in-unit laundry. 2144 (rented for 1,555 monthly) has 6 bedrooms, 2 full bathrooms (one on each floor), and is freshly painted with new floors. On the main level is the kitchen, living room, and 3 bedrooms (one with a walk-in closet), upper level has an additional large family room area, 3 more bedrooms, and in-unit laundry. One water bill paid by the owner, tenants pay their own NIPSCO (gas/electric).FUTURE DEVELOPMENT of the vacant areas (with ample parking) makes this a particularly appealing asset to invest in! Take your time with plans while collecting 3080 in monthly rental income from the existing homes.