15,560 sqft

$575,000

202 E 5th Street, Fowler IN, 47944

Price per sqft$36.95

Built in1900

Property size15,560 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Apr 7, 2025

Updated Jun 10

INVESTMENT OPPORTUNITY, PASSIVE INCOMELooking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With a 9 percent CAP rate, over 100K in capital improvements last calendar year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81 percent occupancy rate! Increase your earning potential with a 100 percent occupancy rate! Call an agent today!

Additional information

MLS^® ID: 818685

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.26 Acres

Other Property Details

Taxes: $5,350
Tax Frequency: Annually
Maintenance Expense: $3,655

Courtesy of RE/MAX Executives, Trisha Potts,
Listing Contact: (219) 204-8312

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:17 PM UTC on 6/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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