Property Listing No Longer Available for Sale

5284 Broadway Avenue, Gary, IN

Multi-Use for Sale - $385,000 - 20,000 Sq. Ft.


Property Info

CIMLS#1067725
Location
  5284 Broadway Avenue
  Gary IN 46410
UpdatedFebruary 11th, 2020
TypeMulti-Use
Price$385,000
Building20,000 Sq. Ft.

Property Description

2 story multi-tenant apartment & commercial property. 9 apartments (7 1-bed & 2- 2-bed) and 5 commercial units.


Financials

Proforma Annual Gross Income = $ 132,500.

$ 59,500 net operating before debt service. This equals a 15% CAP rate.