Great Investment! This 4-unit townhouse package in the high demand town of Merrillville, IN is the investment opportunity you've been looking for. Each unit is occupied, and the current gross income is about$60, 000annually. Two townhomes have 3 large bedrooms, Two have 2 bedrooms, all have 1 and a half bathroom, and have been tastefully updated over the years. This property has been well maintained and cared for by professionals over the past several years, which is an ideal situation for post-acquisition. Tenants pay for their own gas, electric, water, while the landlord only pays for sewer and trash. Each townhome can be separately parceled out, which adds another interesting option for the future. This investment property currently sits at…
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The average household income in
Merrillville, IN
grew
from
$52,428
to
$56,330
in the past year. This data is an estimate based upon
13,952
households in
Merrillville, IN. The chart below presents how household income is distributed in
Merrillville, IN
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Merrillville, IN
compared to median property taxes around the country. The prevalent amount of property taxes in
Merrillville, IN
equals
$800-$1,500
, which is
less
than the national average.