Ignite FB Tracking Pixel226 E Washington Street, Rensselaer, IN 47978 - Sherry Green
Crown Real Estate Group, LLC
Sherry Green, Crown Real Estate Group, LLCPhone: (219) 743-0270
Email: [email protected]
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listing
1 of 40
Residential IncomeFor Sale
$599,000
226 E Washington Street
Rensselaer, IN 47978
Courtesy of Re/max Executives
MLS: Northwest Indiana REALTORS® Association Multiple Listing Service
Est. Mortgage
$3,192/mo

***Investment Opportunity*** ***Immediate Passive Income***Great opportunity to expand your real estate portfolio with this completely remodeled 4 unit. Enjoy the benefits of passive income for years to come! Every inch of this property has been remodeled with quality work, craftsmanship, and high end materials and finishes, including spray foam insulation, energy star windows, high efficiency HVAC systems and MORE. Located in the heart of Rensselaer's business district, tenants can walk to work, the pharmacy, the local restaurants, and more. Unit makeup consists of 1- 2 bed/ 1 bath, 2- 2 bed/ 2 bath, and 1- 1 bed/ 1 bath with loft space. Gross rents total $55,000 annually, owner pays taxes, insurance, ground maintenance and snow removal. Tenants pay ALL utilities. With over an 8% cap rate when fully rented, this investment opportunity awaits its new beneficiary! Call an agent today!

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Listing information © 2025 Northwest Indiana REALTORS® Association Multiple Listing Service. Listing courtesy of Re/max Executives
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