617 Portage Avenue, South Bend, IN 46616

Duplex 2/1 Unit and 2/1 Unit, 1,624 Approximate Square Feet, Built in 1886.

Located in a gentrifying area surrounded by spectacular Victorian mansions, two doors down from the new Fire Station Museum (undergoing a huge renovation).  This is walking distance to downtown South Bend and the South Bend Hospital.  This property has two units, both in good condition.  The top unit has been totally renovated with new kitchen cabinets, countertops, luxury vinyl plank, refinished hardwood floors and a totally redone bathroom.  The exterior is just about to be painted, and the second level also has a nice porch.  The property has a garage that we are looking into turning into a studio apartment.

The upstairs is rented for $725  2/1 unit and the lower 2/1 has a target rent of $750 and this should be an excellent cash flow, rent-ready, income producing property.  This is not guaranteed and is only a projection based upon past experience, rents change according to season and you should get your own rental comps and verify with the property manager of your choice.

ROI Turnkey Properties LLC brings this property to you through a relationship in our network that professionally renovates properties, this is not a property we own, rather through Realty Plus, LLC real estate brokerage our agent Patty Baba will write up the contract for you and be compensated 3% by the seller, providing us a referral fee for services rendered.  We will discuss types of agency available prior to writing an offer on this property.  Any related referral fees will be negotiated with the seller as part of the transaction and built into the price.

ROI Turnkey Properties is the largest turnkey property provider in Alabama and the only producer of turnkey property in Huntsville, Birmingham, and Montgomery. Our founder has coached and trained for Robert Kiyosaki’s “Rich Dad, Poor Dad,” program and conducted bus tours for guys from “Flip This House,” “Flipping Vegas,” and “Dean Graziosi.”  The group that did all of the buying for Trump Real Estate Seminars also relied upon our founder to provide fantastic properties.

Rents and pro formas are given for illustrative purposes and are based upon the experience of the seller from past experience.  Past performance is no indication of future performance as rental prices can change and vary by square footage, property condition, season or timing in the real estate market cycle.  Buyers are encouraged to check Zillow Rent Estimates and Rentometer.com as well as verify with property managers for themselves what the rents should be.

Property Details

Price: $125,000
Address: 617 Portage Avenue
City: South Bend
State: IN
ZIP: 46616
MLS #:
Square Feet: 1,624
Bedrooms: 4
Bathrooms: 2
Basement: Partial

Additional Features:

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