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130-132 Meadows Circle

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Address: 130 Meadow Rd, Crown Point, IN 46307, USA

Chicago & Midwest + Apartment Buildings

Created date: March 8, 2025

Date last updated: March 13, 2025

Property Description

Discover a fantastic investment opportunity with this updated two-unit ranch duplex, perfectly situated in the heart of Winfield, within the highly sought-after Crown Point school district! This property is ideal for investors looking to generate strong rental income or a homeowner seeking to offset their mortgage by living in one unit while renting out the other. Each unit is vacant and move-in ready, allowing a new owner the freedom to handpick tenants. With estimated market rents of 1,500 per month per unit, this duplex offers great potential for cash flow. Additionally, the Homeowners Association (HOA) fee of just 30 per unit covers mowing and snow removal, ensuring easy maintenance year-round. The property has been recently updated with fresh paint and brand-new bathrooms, providing a modern and inviting space for future occupants. The well-designed ranch-style layout maximizes functionality, offering comfortable living areas in both units. With a 9% cap rate, this property is positioned to offer strong returns based on its potential rental income of 28,000 annually. This makes it an excellent opportunity for investors seeking profitable properties in a prime location. Located in a prime area of Winfield, this duplex provides convenient access to shopping, dining, and recreational amenities while being part of a top-rated school system. The combination of location, updates, and investment potential makes this a must-see property!

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Broker Details

David Whitehead

NWI Pro Services Inc. dba RE/MAX Lifestyles (219) 241-8401 MLS ID: 11584 State License Number: RB14035139

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$305,000
Year Built:	1995
Opportunity Zone:	No
Property Website	Click Here
Number of Bedrooms:	4
Number of Bathrooms:	3

Address: 130-132 Meadows Circle, Crown Point, IN 46307, USA

Provided by:

Standard Status: Active Under Contract

MLS Listing Number: 817154
ID: 3yd-GNIARIN-817154

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