Listing courtesy of Tiffany Group Real Estate Advisors LLC · Listing agent: Tyler Glenn
Properties displayed may be listed or sold by various participants in the MLS.
1520 Portage Avenue
$183,000
South Bend, IN 46616-1738North West / Northwest
Listed at $200,000 Sold July 2, 2024
- Basement
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 3,289 sq ft
- Lot
- 0.12 ac
- Year built
- 1920
- Type
- Other
- Listed
- January 2, 2024
- MLS #
- 202400245
About this home
Unique investment opportunity just minutes from down town South Bend. This fully occupied building includes 2 Office spaces with frontage on Portage and a two story 3 Bedroom 1 bath residential house in the back facing Queen St. House has some updates including newer HVAC. Currently pulling in 1,250 per month in rent, this property offers flexibility and good cash flow.
Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 3,939 sq ft
- Finished area above grade
- 3,289 sq ft
- Unfinished area below grade
- 650 sq ft
- Below grade total
- 650 sq ft
- Bedrooms above grade
- 3
- Basement
- Unfinished
- Flooring
- Carpet, Tile, Vinyl
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Amenities
- Basement, Off Street Parking, Countertops-Laminate
Exterior & parking
- Construction
- Brick, Vinyl Siding
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- North West / Northwest
- Lot features
- Corner Lot
- Lot size (acres)
- 0.12 ac
- Lot dimensions
- 51X118
- Inside city limits
- Yes
- County
- St. Joseph County
- Township
- Portage
- Lots
- 116
- Platted
- Yes
- Planned unit development
- No
- Directions
- West on Angela, North on Portage, Building on on the South East Corner of Portage and Queen St.
Schools
- Elementary school
- Muessel
- Middle school
- Edison
- High school
- Clay
- School district
- South Bend Community School Corp.
Taxes & terms
- Annual taxes
- $2,979
- Tax year
- 2023
- Assessed value
- $107,100
- Listing terms
- Cash, Conventional
- Possession
- Subject to tenant's rights
- Parcel number
- 71-03-35-377-001.000-026
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 3
- Annual gross rent
- $24,600
- Net operating income
- $12,040
- Lease term
- 12 Months
- Parking spaces
- 6
- Pets allowed
- No
- Tenant pays
- Electricity, Fuel, Sewer, Trash Collection, Water
- Electric meters
- 3
- Insurance (annual)
- $5,121
- Maintenance (annual)
- $2,000
Units
| Unit | Count | Beds | Baths | Rent | Garage |
|---|---|---|---|---|---|
| — | — | 0 | 1 | $411 | — |
| — | — | 0 | 1 | — | — |
| — | — | 3 | 1 | $800 | — |
Location
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