410 Pine Lake Avenue, La Porte IN 46350

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$850,000

410 Pine Lake Avenue, La Porte, IN 46350

bedrooms

bathrooms

square feet

8,000

Acreage

0.474

Open Houses

year built

2001

Full Baths

Half Baths

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Experience a remarkable investment opportunity with this fully leased, income-generating mixed-use building located prominently on Pine Lake Ave. This property features a combination of three apartments and three commercial spaces. All six units are fully leased with exterior entrances! Each unit is also separately metered, with tenants responsible for their own utilities. PRO-FORMA CAP RATE OF 10.61%.The building itself has been enhanced with a new roof and siding in 2023, along with brand new decks for the residential units completed in 2024. The residential units themselves underwent a significant renovation during 2023 and 2024, unveiling updated plumbing, electrical systems, HVAC, flooring, bathrooms, and kitchens. Everything is new! Each apartment boasts a unique charm with an open-concept layout, gorgeous white granite countertops, stainless steel appliances, and convenient washer/dryer hookups in each apartment!

Location
Subdivision	Halls Add
County	La Porte
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 812639

Listing agent: Kathryn Leslie #RB21000477

Listing broker: Blackrock Realty Services (219) 741-6134

Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, February 4 2025 at 6:11 p.m. EST

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