GARY, IN 46404

PROPERTY OVERVIEW

• Type: Single-family, 1-story, wood construction
• Size: 825 sq ft living area (no basement)
• Beds/Baths: 3 bed / 1 bath (5 fixtures)
• Lot Size: 5,009 sq ft (0.115 acres)
• Built: 1955
• Systems: Gas heat/warm air

PROPERTY HIGHLIGHTS

• Located in Gary's Tarrytown neighborhood
• Current rent estimate: ~$1,026/mo
• Comparable 3bd homes in the immediate area selling $150K–$183K — strong upside once fully rehabbed

REPAIRS NEEDED — FULL REHAB

• Roof replacement/repair
• Mechanical systems (HVAC, electrical, plumbing — 1955 build)
• Kitchen & bath update
• Flooring throughout
• Interior/exterior cosmetic (paint, fixtures)
• Estimated repair cost range: $30,000–$45,000 (placeholder — replace with contractor bid)

ARV BREAKDOWN — COMPS

4252 W 21st Ave, Gary, IN 46404 3 bed / 2 bath — 1,406 sqft — Sold $183,000

1961 Williams St, Gary, IN 46404 3 bed / 1 bath — 1,095 sqft — Sold $155,000

2080 Wright St, Gary, IN 46404 3 bed / 1 bath — 1,312 sqft — Sold $151,900

ARV Estimate: $140,000–$150,000

POTENTIAL RENT RETURNS

• Est. rent: ~$1,026/mo — low entry price point with solid rehab margin, good fit for a quick-turn flip or entry-level rental

Remember, you miss 100% of the shots you don't take, so don't hesitate to submit that offer!

CONTACT Call Mike Today at 219-900-7007!