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$369,000

Est. payment - /mo

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5 Beds

2 Baths

26,136 SqFt

Pending

13131-35 Schneider ST Cedar Lake, IN 46303

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Christina Steele

christina@maptorealestate.com +1(574) 209-1010

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 26,136 sqft

Price per Sqft $14

MLS Listing ID 841036

Bedrooms 5

Full Baths 2

Year Built 1945

Annual Tax Amount $8,200

Tax Year 2025

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Duplex

Property Description

ALL-BRICK RARE INVESTMENT OPPORTUNITY! TWO SEPARATE HOMES ON ONE PROPERTY--each with its own basement and garage...The first home (South Unit) features 3 bedrooms, 1 bath, 1,127 sq. ft., and a 1-car garage...The second (North Unit) offers 2 bedrooms, 1 bath, 1,063 sq. ft., and a 2-car garage...Located in beautiful Cedar Lake...This could be an excellent owner occupy or investment property with long-term investment potential...THERE IS A PICTURE OF EVERYROOM IN THE LISTING...Both homes feature hardwood floors, covered porches, separate basements, and separate garages...Each unit includes a stove, refrigerator, washer, dryer, and an owned water softener...Large backyard provides additional outdoor space for tenants or owner occupants...Major updates include HVAC (2019), roof (2019), water heaters and appliances (2017), well and pump (2014), windows (2010), and blown-in insulation (2009)...Current tenant pays 1,250 (well below market) per month plus gas and electric...Owner currently pays approximately 78 per unit for sewer and garbage service...Property is being sold AS IS with no repairs...Seller discloses minor basement seepage in the South Unit during extreme rainfall events...North Unit experienced minor seepage only after the unusually heavy June 16-18 rain event, which the tenant indicated was the first occurrence in three years...Both chimneys need some repair (OTHER THAN THAT THESE ARE SOLID UNITS)...Hanover schools...Close to dining & shopping...Neither covered porch was ever intended to be used as an entrance that is why there is no stairs to the covered porches...Both covered porches are missing a piece of wrought iron railing...We have both pieces of railing.

Location

State IN

County Lake

Interior

Interior Features Other

Heating Central, Natural Gas

Fireplaces Number 2

Fireplace Y

Appliance Dryer, Washer, Refrigerator, Range, Gas Water Heater

Exterior

Garage Spaces 3.0

View Y/N true

View true

Building

Lot Description Back Yard, Front Yard

Story One

Others

Tax ID 451521352019000014

SqFt Source Assessor

Acceptable Financing NRA20260611112840387871000000

Listing Terms NRA20260611112840387871000000

Pets Allowed No

Listed by BHHS Executive Realty • David Harkabus

NEARBY SCHOOL & BUSINESS

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