Active

2059 Williams Street

Gary, IN 46404

$610,000 $2,571/Mo

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Overview

Bed

Bath

0.12

Acre(Lot)

Description

Exceptional investment opportunity! This single-family home portfolio includes six well-maintained residences with strong long-term upside potential. All properties have been consistently cared for, featuring new roofs, newer furnaces, and various interior and mechanical updates, minimizing immediate capital expenses. Current rents are significantly below market value, offering a prime opportunity for investors to increase cash flow through strategic rent adjustments. Ideal for both seasoned investors looking to expand their portfolio and those seeking a stable, value-add opportunity with built-in equity growth. Turnkey condition with major improvements already completed--add value, increase income, and maximize returns from day one..

Property Details

Property Type : Residential Income

Price : $610,000

AD Id : 75758498

MLS Id : NRA834741

Beds : 20

Lot Size : 0.12 Acre

Year Built : 1955

County : Lake

Subdivision: Tarrytown First Sub

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 20

Bathroom Information

Total Baths: 6 Full Baths: 6

Interior Features

Eat-in Kitchen, Laminate Counters Appliances: None
Heating & Cooling

Heating: Forced Air WaterSource: Public

Building Information

Year Built: 1955

Lot Information

Lot Description: Back Yard Lot Square Feet: 5009 Lot Acres: 0.115

Property Information

Property Type: Residential Income Sub Type: Apartment

Tax Information

Tax Assessed Value: 38200 Tax Legal Description: TARRYTOWN FIRST SUBDIVISION ALL L.40 BL.6 Annual Tax: $958 Tax Year: 2024 Parcel Number: 450807356020000004

Utility Information

Cable Connected, Water Connected, Sewer Connected, Electricity Connected Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: Tarrytown First Sub City: Gary Direction: Clark Road to West 21st Ave to Williams

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ByOwner last updated this listing 06/08/2026 @ 18:20

MLS: NIRA #834741 LISTED BY: Javina Bell-Lyles, Coldwell Banker Realty 219-865-9911 SOURCE: Northwest Indiana REALTORS® Association (formerly GNIAR) (Listings courtesy of Northwest Indiana REALTORS® Association (formerly GNIAR) as distributed by MLS GRID)