We scan the terrain for deals that deliver on ROI!
1. Greenacre St, South Bend, IN 46637 - SOLD
This is a beautiful 3 bedroom, 2 bath ranch located in a desirable neighborhood on the north side of South Bend. It has a total of 1,296 SF and is built on a crawl space. The home appears to be in a decent liveable condition "as is" with very minimal work required. It could also be rehabbed/updated to force appreciation. You will love the large 0.46 acre lot which has a huge backyard. There is a large 2 car detached garage that has an attached shed providing lots of storage or workshop space. It is also great for an owner occupant. Seller is offering the home "as is".
2. Parkview Pl, South Bend, IN 46616 ~ SOLD
This is a 3 bedroom, 1 bath, 1,252 SF, full basement, 1 car garage beauty near Riverside Drive in South Bend, Indiana. The home appears to be in a decent liveable condition "as is" with very minimal work required. It could also be rehabbed/updated to force appreciation. Seller is offering the home "as is".
3. Hintons Bittersweet Subdivision , Granger, IN 46530 ~ SOLD
This is currently a 2,171 SF quad level with a living room, kitchen, dining room, a half bath and a 2 car garage on the main level. The upper level has 3 bedrooms and a full bath. The sub level has a huge family room and a roughed in full bath. There is also an 875 SF unfinished basement with a roughed in laundry room, mechanical room, a roughed in full bath and two roughed in but unfinished rooms. No specific address is provided to protect the privacy of the current occupants.
4. Grape Rd, Mishawaka, IN 46545 - SOLD
This is a commercial brick building with 2,940 SF on the main level and a full height finished basement with an additional 2,500 +/- SF built in 1960. It is on 0.90 acres. Located on Grape Road in Mishawaka near the busy McKinley retail corridor it has a C-1 zoning which opens it up to a variety of uses. The current main level layout consists of a large meeting room, 2 bathrooms, a small office and a larger office/conference room. The finished basement layout has a large meeting area, a kitchen, 2 bathrooms, 6 small offices and 2 large storage rooms. The gravel parking lot has a capacity for 18+/- vehicles.
5. Revere Pl, South Bend, IN 46619 - SOLD
This is a 1 story match-box house with 2 bedrooms, 1 bath, a full basement and 725 SF built in 1948. It does not have a garage but has a decent sized yard. It is in a decent area of South Bend that is NOT full of vacant lots from houses that have been torn down.
Main items to make it functional are some plumbing work, a water heater and the old furnace has a 50/50 chance of being operable at best. Currently has 60 Amp electric service which would need to be upgraded.The rest is mainly clean-out, cosmetics and some carpentry. This is not a conclusive list of repairs - Buyer to make their own assessment of repairs.
6. 702 S 32nd St, South Bend, IN 46615 - Now Available
This is a 1 story bungalow in the River Park neighborhood with 3 bedrooms, 1 bathroom, a full basement and approximately 1,012 SF of above ground finished living space. The 3rd bedroom could double as an enclosed front porch. It has a fenced in back yard and a detached garage with a one car overhead door but enough room for two cars inside.
There are some minor repairs needed to make it rent ready. The major items (which can potentially be deferred) include some structural work on one basement wall that is currently braced and appears stable and the 30+ yr old furnace is assumed functional but may need to be replaced. This is not a conclusive list of repairs - Buyer to make their own assessment of repairs.
This is an off-market opportunity. Asking $45,000.00 cash. Sold "As Is". Must have the ability to close ASAP. Time is of the essence.
Please scroll down below the map for more extensive property details.
Address: 702 32nd St, South Bend, IN 46615
Square Feet: 1,012 SF Appx. Finished Area
Garage: Detached - 1 car overhead door but space for 2 cars inside
Year Built: 1925
Foundation: Basement (Concrete Block)
Lot Size: 42' x120' = 5,040 SF or 0.12 acre
Water: City Water
Sewer: City Sewer
Heating: Natural Gas - Forced Air - Nipsco
Cooling: Central Air
Water Softener: No
Swimming Pool: No
Assessed Value: $60,000.00
Property Tax: $686.00 - Homeowner with exemptions
Property Tax: $1,531.00 - Investor holding long-term as a Landlord **Taxes can be appealed based on purchase price to lower them**
Repairs needed to make rent ready: Appx $12,000.00 if all the minor and major items are addressed right away and not deferred
I am also a licensed, bonded and insured General Contractor should a potential buyer want me to do the rehab
Rent: $900.00/month is reasonable and conservative per Rentometer.com
ARV: Assuming a decent but conservative rehab - $70,000.00>
Asking $45,000.00 Cash Only
Under the circumstances, Buyer must be able to close ASAP upon delivery of a clear title report. Time is of the essence.
Call/ Text 574-742-2201 with any questions
7. S Albert Ave., South Bend, IN 46619 ~SOLD
This is a 2 bedroom, 1 bath house with 672 SF of above ground finished living space and a full basement half of which is finished as a huge family room. The basement finished area does not have an egress window. The house has decent sized front and back yards that are both fenced in. There is no garage but there is street parking available and off street parking in the rear. The house is currently occupied and functional but will be vacated shortly. Minor repairs and cosmetic work needed to refresh it for a new tenant. A 7ft - 8ft section of the west end basement cinder block wall is slightly angled from the sill plate and approximately 24 inches down however it does not appear to have any significant structural impact and there does not seem to be any water intrusion in this area. This is not a conclusive list of repairs - Buyer to make their own assessment of repairs.
We generate plenty of off-market deals. We pass many of these along to other investors as wholesale deals. Please check back soon.