1512 Liston Street, South Bend, IN 46628

$100,000 Asking Price

6 beds
3 baths
3,138  sqft
Built in 1890

Triplex located in South Bend – Great Investment Opportunity! Ideal for investors looking to build assets and enhance their real estate portfolio with a property that offers both immediate cash flow and long-term appreciation. This property also could be a great asset to live in one unit and rent the other two. Each unit boasts 2 bedrooms, 1 bathroom and onsite laundry located in the basement ,offering ample space for tenants and maximizing rental income potential. All apartments are on separate meters for gas and electricity, allowing for convenient management and reduced overhead costs. One unit currently has a long-term occupant, generating a stable cash flow of $800 per month. This property is Located near the newly remodeled Martin Luther King Dream Center, ensuring a vibrant community atmosphere for residents. Just a stone's throw away from one of the best BBQ restaurants in South Bend, providing great dining options for tenants and attracting potential renters. Please allow 24 hours for showings of the occupied unit. Don't miss out on this fantastic opportunity to invest in a property with strong rental potential and a prime location.

Features & Amenities

Interior

Basement:
Partial Basement,Unfinished
A/C:
Central Air
Heating:
Forced Air
Fireplace:
None

Exterior

General:
Shingle,Vinyl

Construction

Roofing:
Shingle
General:
Two Story, Partial Basement,Unfinished

Location

HOA Amenities:
Not Applicable
School District:
South Bend Community School Corp.

Lot

Zoning:
LOT 5 & PT N 1/2 VAC ALLEY S & ADJ BROS ADD TAX LOTS & ADJ PROP, 71-08-10-237-007.000-026

Utilities

Water:
City

This listing courtesy of:
Open Door Realty, Inc, Shaquia Hairston

About South Bend, IN

Housing

Number of Units
67,605
Median Home Value
$128,708
Median Rent
$658

35.55% of housing units are renter occupied.

11.32% are vacant.

Commute

Car
71.61%
Public Transportation
1.43%
Walk to Work
4.02%
Work from Home
21.43%
Other
0.57%

The median travel time to work is 17 minutes.

People

Population
153,219
Median Age
37.20
Median Household Size
2.54

Education

High School
30.62%
Associate’s Degree
8.40%
Bachelor’s Degree
16.37%
Graduate Degree
12.79%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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