$300,000
Income-Producing 4-Plex – Nearly $4,000/Month in Projected Rent! Investors, take note! This cash-flowing 4-plex is the perfect opportunity to add a high-performing property to your portfolio. With a total projected rent of $3,950 per month across four units, plus additional income potential from the 2-car garage and unfinished basement with laundry hookups, this property is an income-generating powerhouse! *Unit Breakdown: Unit 1: 3-bed, 1-bath – Projected Rent: $1,000/month; Unit 2: 1-bed, 1-bath – Projected Rent: $850/month; Unit 3: 2-bed, 1-bath – Projected Rent: $1,250/month; Unit 4: 1-bed, 1-bath – Projected Rent: $850/month. Property Features: Two units fully remodeled, ready for premium rents; Two units in decent shape, could use some TLC for added value; Separate electric meters for easy tenant management; 2-car garage – rent it out for extra income; Unfinished basement with laundry hookup – another revenue opportunity. With strong rental demand and value-add potential, this multi-family property is a smart investment whether you're looking for passive income or a long-term hold. Don't miss out—schedule your showing today!
Smith st, E on 3rd
MLS # | 202511079 |
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Date Listed | 2025-04-03 |
Status | Active |
Property Type | Investment |
Property SubType | Fourplex |
Finished Square Feet | 3109 sqft |
Total Square Feet | 5431 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 7 |
Bathrooms | 4 |
Year Taxes Payable | 2025 |
Year Built | 1922 |
Virtual Tour | propertypanorama.com » |
Days on Market | 1 |
Living Room | 1 × 1 | Level |
4th Bedroom | 4 × 4 | Level |
5th Bedroom | 4 × 4 | Level |
Full Baths | 7 Main, 1 Upper |
Construction | Fourplex |
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Lot Size | 7,500 sq ft |
Acreage | 0.17 Acres |
Lot Dimensions | 50X150 |
Fence | None |
Area | St. Joseph County |
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County | St. Joseph |
Subdivision | None |
Township | Penn |
City | Mishawaka |
State | IN |
Zip | 46544 |
School District | School City of Mishawaka |
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Elementary | Lasalle |
Middle School | John Young |
High School | Mishawaka |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202511079
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Adam Pendl
eXp Realty, LLC
Cell: 574-532-2522
Listing updated April 4, 2025 at 12:01 pm
Last checked 2 minutes ago