5200 W Ridge Rd, Gary, IN 46408

Description

Great opportunity for homeowners and investors alike! Situated on nearly half an acre, this ranch-style home with a basement offers a spacious layout, recent improvements, and excellent rental potential. The main level features an inviting living area filled with natural light, an adjoining dining space, and a comfortable sunroom overlooking the property. The basement with 1/2 bath and additional separate shower provides additional space for storage or to make it your own! Recent updates include a new roof installed just two months ago, along with improvements to the main floor. Outside, you'll find a generous yard, ample driveway parking, and a detached two-car garage that needs a new garage door. Currently tenant-occupied at 1,150 per month, with the tenant responsible for all utilities, including water and trash. **The tenant is on a month-to-month lease, offering flexibility for buyers looking to owner-occupy or investors seeking immediate rental income. The current tenant would love to stay, providing an opportunity to retain an established tenant while benefiting from potential future rent increases.** Conveniently located near schools, restaurants, shopping, and major roadways, including I-80/94, providing easy access to Chicago. Washer and dryer belong to the tenant and are excluded from the sale. Property is being sold As-Is. A solid opportunity to add to your investment portfolio or make this property your future home!