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2508 Mishawaka Avenue, South Bend, IN 46615

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For Sale
Sale Pending

$154,900

8 beds • 3 baths • 2,082 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $74.40
    Price per square foot

  • Basement
    Rooms

  • Basement
    Amenities

Explore this Property

This property offers a total of 6 income-producing units along with an office or storage space, providing a robust cash flow of over $2,000 per month. The unit mix includes 4 studio units, with 3 currently rented, and two 1-bedroom units, all of which are fully rented out. Income Potential: With a strong rental history and long-term tenants, this property presents a stable income stream for investors. Convenient Location: Situated in a convenient location, the property offers easy access to amenities and transportation, enhancing its appeal to tenants. Low Vacancy Rates: The current occupancy rate indicates high tenant satisfaction and suggests low turnover, reducing the risk of income loss. Investment Opportunity: This property represents an excellent investment opportunity for those seeking stable rental income. With a solid cash flow and a mix of unit types, it provides diversification and income stability.
MLS# 202408742

Courtesy Of AT HOME REALTY GROUP

(574) 968-0100

Property Features

  • Amenities
    Basement
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Floor Covering
    Carpet
  • Heating Fuel
    Natural Gas
  • Lot Size
    0.13 Acres
  • Roof Type
    Unknown
  • Rooms
    Basement, Bedroom, Full Bath

Map and Directions

Directions to 2508 Mishawaka Avenue, South Bend, IN 46615

Home seller CENTURY 21 Circle

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(574) 293-2121
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Copyright © 2024 Greater South Bend-Mishawaka 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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