324 S Main ST, Crown Point, IN 46307
324 S Main ST, Crown Point, IN 46307
324 S Main ST, Crown Point, IN 46307
36
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$569,900
Est. payment /mo
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6 Beds
4 Baths
10,920 SqFt
New

324 S Main ST Crown Point, IN 46307

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,920 sqft

Price per Sqft $52

Subdivision Crown Point

MLS Listing ID 837843

Bedrooms 6

Full Baths 4

Year Built 1890

Annual Tax Amount $3,844

Tax Year 2024

Lot Size 0.251 Acres

Acres 0.2507

Property Sub-Type Quadruplex

Property Description

4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from off-street parking with eight dedicated spaces located on a low-traffic side street, as well as walkability to restaurants, shops, and amenities just a few blocks away. Situated on a corner lot in a highly desirable downtown location with strong rental demand and access to Crown Point schools. Owner currently covers water, sewage, trash, and heat, with tenants responsible for electric and cooking gas, offering an opportunity to further optimize expenses. All units are currently on month-to-month leases, providing flexibility for investors to adjust rents or for an owner-occupant to occupy a unit.

Location

State IN

County Lake

Interior

Interior Features Ceiling Fan(s), Entrance Foyer, Crown Molding

Heating Natural Gas, Common

Fireplaces Number 1

Fireplace Y

Appliance Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range

Exterior

View Y/N true

View true

Building

Lot Description Back Yard, Front Yard, Corner Lot

Story Two

Others

Tax ID 451608253004000042

SqFt Source Assessor

Acceptable Financing NRA20260427144336833270000000

Listing Terms NRA20260427144336833270000000

Pets Allowed Size Limit

Listed by Better Homes and Gardens Real • Drake Phillips

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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324 S Main ST