4341 Maryland ST Active Save Request In-Person Tour Request Virtual Tour
Gary,IN 46409
Key Details
Property Type Single Family Home, Commercial
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $75
Subdivision Bungalow Heights
MLS Listing ID 829292
Bedrooms 2
Full Baths 1
Year Built 1953
Annual Tax Amount $848
Tax Year 2024
Lot Size 6,316 Sqft
Property Sub-Type Single Family Residence
Property Description
This 2-bedroom, 1-bathroom brick bungalow is the perfect AS-IS investment for a savvy buyer looking to execute a high-return flip or establish a strong rental property in the desirable Glen Park neighborhood. Financial projections are promising, with a conservative estimated ARV (After Repair Value) of approximately 165,000k, and post-renovation rental rates expected to achieve 1,250+ per month. The home offers excellent foundational features, including existing hardwood floors throughout that can be restored to their original beauty. Furthermore, the unfinished basement boasts the required ceiling height, providing a straightforward opportunity to finish the space, add significant livable square footage, and instantly boost the property's overall value. This is a must-see for any investor ready to capitalize on a project with major built-in equity potential.
Location
State IN
County Lake
Interior
Heating Forced Air
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Back Yard
Story One
Others
Acceptable Financing NRA20251013184442875813000000
Listing Terms NRA20251013184442875813000000