864 Fayette St, Gary, IN 46403

Multiple Family / 6 Bedroom(s) / 3 Bath(s)

Property Status:  For Sale | $30,000.00 (Wholesale) | 


Property Photos
864 Fayette St (Image - 1)


Seller Finance Tri-Plex!


Property Status:
For Sale | $30,000.00 (Wholesale)
Property Details:
Multiple Family / 6 BR / 3 BA
Property Style:
Tri-Plex
Year Built:
1927
Finished Sq Ft:
2,652
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Porch
Contact Info
Helping Our People Evolve LLC
(219) 758-1553

View on Individual's Website
Property Description:
864 Fayette St, Gary, IN 46403          6 Bed, 3 Bath, 2652 SqFt (3 units)          ARV: $300k (based on rents, there are no sold triplex comps)          Fair Market Rent: 2 bed 1 Bath $1,100/month (HUD)          Estimated Rehab: $100k          Entry Fee: $30k (this price includes assignment fee + Closing Costs)          This is a seller finance deal. Buyer will have a remaining balance of $80k.          This property is a triplex with each floor being its own apartment and having its own kitchen and bathroom. Near New Remodeled Train Station in Miller Area. Close to Miller Beach. In a Community that is being Redeveloped. The roof, siding and windows were redone by the current owner over the past few years. The inside is dated and will need to be fully remodeled.          Pictures: dropbox.com/sh/kgydj14dyslme8k/AADBHs8aAP1_qASk4GGnsD6ya?dl=0

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Northwest Indiana Creative Investors Association is not responsible nor will be held liable for the property or the information listed here.

Northwest Indiana Creative Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

www.NICIA.org  (Northwest Indiana Creative Investors Association) does not give legal, tax, economic, or investment advice. NICIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

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Northwest Indiana Creative Investors Association
9800 Connecticut Dr
Crown Point, IN 46307
(219) 313-1565

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