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$219,900

1520 Portage Avenue South Bend, IN  46616

  • 3 Beds
  • 3 Baths
  • 2,680 sq. Ft

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Property Description for 1520 Portage Avenue South Bend, IN 46616

This unique property offers an excellent blend of residential and commercial potential in a highly visible location off of Portage Avenue, which leads directly to downtown South Bend. The two-story, three-bedroom, one-bath home is situated at the rear of the property, facing Queen Street. Currently rented under a 100% voucher section 8 year lease that expires in August 2025, it provides steady and reliable income. At the front of the property, facing Portage, there are two office spaces. The first office is currently occupied by a tailoring business on a month-to-month lease, offering flexibility for future use. The second office is vacant and ready to accommodate a new business or tenant. The property also includes a six-car parking lot next to the house, with additional street parking available for convenience. This setup makes it an ideal choice for investors or business owners looking for a mixed-use property in a prime location. Whether you’re expanding your investment portfolio or searching for a property that combines residential and commercial use, this opportunity offers unmatched versatility and potential.

Address:1520 Portage Avenue South Bend IN 46616
Status:Active
on site: 2 hrs 53 mins
Price:$219,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 2 Half Baths
Sq. Feet:2,680
Year Built:1920
Lot Size:0.14
County: St. Joseph County
Township: Portage
School System : South Bend Community
MLS #:202447249
Property Type:Site-Built Home

Lot Dimensions:51x118
Lot Description:Corner
Directions:GPS Friendly
Total Sq. Ft. :2,680
Basement:Yes

Loan Price
$1,615
Price And Interest $1,147/month
Property Tax $376/month
MTG INS $0/month
HOME INS $92/month
Price
$219,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$376/month
Home Owner Insurance
$1,104 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 14 Upper
2nd Bedroom 12 x 14 Upper
3rd Bedroom 12 x 14 Upper

Semi-Annual Property Tax:$2,258
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46616

School System:South Bend Community
High School:Washington
Middle School:Lasalle Academy
Elementary School:Muessel

Total Sq. Ft.:2,680
Exterior Features:Brick, Vinyl
Fuel:Forced Air
Cool:Central Air
Heat:Forced Air
Total Rooms:7

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Listing provided courtesy of Seth Dawson with eXp Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





South Bend Market Report

157
Avg. DOM
$151.97
Avg. $ / Sq.Ft.
$ 194,950
Med. List Price

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