Available
$55,000(ARV: $130,000)42% of ARV

St. Joseph County, South Bend, IN 46615

2 bd1 ba648 sfBuilt 1910

1 day ago

Gross spread$75,000

Description

CALL OR EMAIL JOSEPH [contact details hidden] Type: Single-Family Home 2 Beds / 1 Bath 648 SqFt 4,928 SqFt Lot Year Built: 1910 Parking: 1-Car Detached Garage Price: $55,000 ARV: $130,000 South Bend investment opportunity with a low entry price and multiple exit strategies. Currently occupied by a month-to-month tenant paying $725/month, giving investors the option to hold for rental income or provide notice and pursue a renovation and resale strategy toward the $130,000 ARV. Notes: – Month-to-month tenant – Current rent: $725/month – 30-day notice to vacate – 1-car detached garage – COE: August 20, 2026 – Title: Closed Title National Comparable Sales: – ARV: $130,000

$/sqft vs market

This deal$85/sqft
Market median$128/sqft
Difference33% below

Median of 27 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms1
Square feet648
Lot size4,928 sf
Year built1910
ConditionMajor Repair
OccupancyTenant Occupied
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing61
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