Property Description:
4725 Monroe St, Gary, IN 46408
· 2 Bed – 1 Bath – 864 SqFt – Year Built: 1940
· ARV: $163,502
· Estimated Rehab: $40k-$60k
· Property requires a medium level rehab. The roof is in good condition. It has a detached garage. The house needs siding on the back of the house. It has some new windows, but could use a few more.
· Fair Market Rent: $1,150
· Yearly Taxes: $1,160.54
· Asking Price: $59,900
· Pictures: dropbox.com/sh/uzq5iwi3xfjwklr/AADvVTLy27-V6FcPmLabNN9Ya?dl=0
· Comps:
4742 Jackson St
2 Bed – 1 Bath – 728 SqFt
Sold for $160k on 9/29/23 – ppsf: $219.78
2201 W 48th Pl
2 Bed – 1 Bath – 962 SqFt
Sold for $135,900 on 6/2/23 – ppsf: $141.27
4035 Tyler St
2 Bed – 1 Bath – 750 SqFt
Sold for $155k on 6/23/23 – ppsf: $206.67