Archived about 1 month ago

$76,940

3 bd 2 ba 1392 sqft

822 Kingsporte Ave # 824, La Porte, IN 46350

Residential Duplex Occupied Off MLS

Current Rent

$950

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $475
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 696 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $475
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 696 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes

Collect $2,000/month OR MORE on this 2 Unit Duplex in La Porte, IN!

Don't miss this opportunity to add a nice, 100% occupied, duplex investment property to your portfolio! Located in a Solid C Class neighborhood!

This nice duplex property consists of two - 2 bedroom / 1 bath units. Tenants pay all utilities. Property currently mis-managed, however the new owner can raise rents and start collecting $24,000 a year, based on area market rents and proforma! 24.83% Cap Rate pro forma!

Conveniently located minutes away from schools, restaurants, and major businesses.

Only $76,900!

Location:

822 Kingsporte Ave # 824, La Porte, IN 46350

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*The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.