Unlocking Potential: A Prime Investment Opportunity at 2714 Dekalb St, Lake Station, IN
In the ever-evolving world of real estate, finding a property that not only meets your investment criteria but also offers potential for growth can be a daunting task. However, 2714 Dekalb St in Lake Station, Indiana, presents an exceptional opportunity for savvy investors looking to enhance their portfolios. Priced at an attractive $220,000, this ranch-style property features three occupied units and a detached garage, making it a perfect addition to any real estate strategy.
**A Versatile Investment**
One of the standout features of this property is its versatility. With three occupied units—each boasting one bedroom and generous living space—investors can benefit from immediate rental income. The first two units are conveniently located at the front of the property, while the third unit is situated in the rear, allowing for privacy and separation between tenants. This layout not only maximizes rental potential but also minimizes tenant disruption.
The current occupancy of all three units indicates a strong demand for rental properties in the area. This is particularly appealing for investors seeking properties with established cash flow. As cities continue to grow and evolve, having multiple units under one roof can provide financial stability and reduce vacancy risks.
**Location Matters**
Location is a critical factor when it comes to real estate investments. The property at 2714 Dekalb St is strategically situated just blocks away from major highways, making commuting to and from the city—and other parts of Northwest Indiana—effortless. This accessibility will undoubtedly appeal to prospective tenants who prioritize convenience in their daily lives.
Moreover, Lake Station itself is a vibrant community with various amenities nearby. Residents will enjoy proximity to shopping centers, parks, schools, and entertainment options—all contributing to a desirable living environment. Properties located in such areas tend to attract long-term tenants, further enhancing your investment's potential.
**Updated Features**
Investors often seek properties that require minimal immediate repairs or renovations. Fortunately, 2714 Dekalb St has been updated throughout its lifespan. While specific details about the updates are not provided in the listing description, prospective buyers can rest assured knowing that an updated property typically requires less maintenance and provides a more comfortable living experience for tenants.
The presence of a fenced yard adds another layer of appeal. Not only does it provide privacy and security for tenants but it also enhances the property's overall aesthetic. A well-maintained outdoor space can be an attractive feature for renters looking for a place they can call home.
**Detached Garage Potential**
The listing
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