Welcome to 340 S LaSalle St, Single Family with ADU unit in rear! A beautifully renovated and cash-flowing investment opportunity offering 2 fully updated units with strong Section 8 income already in place. Total Gross Monthly Rent: $3,400. The main residence features 4 spacious bedrooms and 2 full bathrooms, including… Read More a primary suite with a private on suite bath. This home has been completely renovated from top to bottom with quality finishes throughout. Recent upgrades include a new roof, new flooring, and a modernized kitchen with updated cabinetry, countertops, and fixtures. Additional highlights include a separate laundry room, generous living space, and thoughtful layout ideal for comfortable everyday living. The main home is currently occupied by a Section 8 tenant on a 1-year lease at $2,250 per month, providing immediate, reliable income. Adding even more value is the separate 1-bedroom accessory dwelling unit (ADU) located at the rear of the property. This unit has been fully renovated and is also Section 8 occupied, generating $1,150 per month. This property is perfect for investors seeking a turnkey, low-maintenance asset with stable government-backed rental income and recent capital improvements already completed. Whether you're expanding your portfolio or securing your first multi-unit investment, this property delivers both cash flow and peace of mind. Don't miss this outstanding opportunity-schedule your private showing today! Read Less
Courtesy of BLK Key Realty, 317-657-7682.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
2,184
Lot Size
0.12 Acres
Year Built
1921
MLS Number
22077789
Additional Details
Appliances & Equipment
Description: "Gas Cooktop"
Basement
Description: "Unfinished"
Building
Area: 1092, Architecture: "Bungalow", Building Area: 2184, Construction Materials: "Vinyl Siding", Levels: "One", Year Built: 1921
Cooling
Details: "Central Air"
Garage
Garage Spaces: 0, Other Garage Features: Courtyard Load Garage, Other
Heating
Heating: "Natural Gas"
Lot
Acres: 0.12, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Water Connected"
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