$105,000
Investor opportunity. Located on Merrifield Ave in Mishawaka, this 2-bedroom, 1-bath home is a great opportunity for investors looking to add a value property to their portfolio. The home is currently tenant-occupied and generating $900/month in rental income, offering immediate returns from day one. The property does need some updating and TLC, making it ideal for a buyer with vision. Whether you're a seasoned investor or looking for your first rental project, this home has solid potential in a desirable and conveniently located area near parks, schools, and downtown amenities. Sold as-is. Cash or conventional financing only.
South on Merrifield from Lincolnway
Countertops-Laminate, Dryer Hook Up Electric, Porch Covered
Sale IncludesRefrigerator, Washer, Dryer-Electric, Range-Gas
MLS # | 202516187 |
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Date Listed | 2025-05-06 |
Status | Active |
Property Type | Residential |
Property SubType | Site-Built Home |
Square Feet | 992 sqft |
New Construction | No |
Style | One and Half Story |
Type | Site-Built Home |
Basement | Yes |
Bedrooms | 2 |
Bathrooms | 1 |
Annual Taxes | $1,422.52 |
Year Taxes Payable | 2024 |
Year Built | 1902 |
Days on Market | 29 |
Cooling | Central Air |
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Heating | Gas, Forced Air |
Garage | Detached |
Master Bedroom | 13 × 13 | Upper Level |
2nd Bedroom | 10 × 9 | Main Level |
Full Baths | 1 Main |
Construction | Site-Built Home |
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Exterior | Vinyl |
Lot Size | 3,049 sq ft |
Acreage | 0.07 Acres |
Lot Dimensions | 40x80 |
Sewer | City |
Water | City |
Fence | Partial |
Area | St. Joseph County |
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Location | City/Town/Suburb |
County | St. Joseph |
Subdivision | Ward(s) |
Township | Penn |
City | Mishawaka |
State | IN |
Zip | 46544 |
School District | School City of Mishawaka |
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Elementary | Beiger |
Middle School | John Young |
High School | Mishawaka |
Financing Terms | Cash, Conventional |
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Assoc. Dues | $0.00 Not Applicable |
MLS# 202516187
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 Carson Eddy
Coldwell Banker Real Estate Group
Cell: 574-303-7622
Listing updated May 6, 2025 at 1:15 pm
Last checked 15 minutes ago