2059 Williams St Gary, IN 46404
Tolleston NeighborhoodEstimated payment $3,289/month
Highlights
- Wood Flooring
- Neighborhood Views
- Forced Air Heating System
About This Home
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
Home Type
- Condominium
Est. Annual Taxes
- $958
Year Built
- Built in 1955
Interior Spaces
- 5,806 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 20 Bedrooms
- 6 Full Bathrooms
Additional Features
- Additional Parcels
- Forced Air Heating System
Listing and Financial Details
- The owner pays for insurance, taxes
- Assessor Parcel Number 450807356020000004
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- Tarrytown First Sub Subdivision
Pet Policy
- Pets Allowed
Building Details
- Insurance Expense $4,800
- Net Operating Income $52,720
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $982 | $71,500 | $5,300 | $66,200 |
| 2024 | $3,112 | $38,200 | $5,600 | $32,600 |
| 2023 | $783 | $35,300 | $5,600 | $29,700 |
| 2022 | $783 | $30,500 | $3,500 | $27,000 |
| 2021 | $727 | $28,300 | $3,500 | $24,800 |
| 2020 | $707 | $27,500 | $3,500 | $24,000 |
| 2019 | $60 | $25,000 | $3,100 | $21,900 |
| 2018 | $396 | $25,000 | $3,100 | $21,900 |
| 2017 | $60 | $25,200 | $3,100 | $22,100 |
| 2016 | $60 | $26,300 | $3,100 | $23,200 |
| 2014 | -- | $28,700 | $3,900 | $24,800 |
| 2013 | -- | $28,200 | $3,900 | $24,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $610,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $4,500 | None Available |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 834741
APN: 45-08-07-356-020.000-004
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.