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54193 Quince Road
South Bend, IN 46628
Asking Price
$200K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily/STR Opportunity <p><span style="color: rgba(0, 0, 0, 1)">HUGE Short-term rental opportunity in rural Lydick—this former church sits on over half an acre and offers 4,200+ sq ft with exceptional flexibility for value-add investors. The</span></p><p><span style="color: rgba(0, 0, 0, 1)">main level includes a functional 2-bed, 1-bath apartment with immediate rental potential, while the former sanctuary features dramatic cathedral ceilings with exposed arched wooden</span></p><p><span style="color: rgba(0, 0, 0, 1)
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NOI
$80,000
Cap Rate
40.02%
DSCR
6.74
Strong
Cash-on-Cash
113.61%
Monthly Payment
$988.996
Annual Cash Flow
$68,132.046
