792 Merganser Lane Active Save Request In-Person Tour Request Virtual Tour
Valparaiso,IN 46385
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Mallards Landing
MLS Listing ID 811586
Annual Tax Amount $742
Tax Year 2024
Lot Size 1.560 Acres
Lot Dimensions Irregular
Property Sub-Type Unimproved Land
Property Description
Excellent Investment Opportunity. Priced at an 8% CAP Rate, THE WELL LOCATED ON THIS LOT IS THE EXCLUSIVE WATER SOURCE FOR Mallards Landing Subdivision. Features, an attractive monthly income rental income and NO HOA DUES. Inquire today about this opportunity. While serving as the subdivision's water supply, the lot cannot be built or developed residentially. This is strictly an investment property.
Location
State IN
County Porter
Zoning Rural Residential
Interior
Fireplace No
Exterior
Community Features None
Utilities Available Cable Connected,Water Available,Water Connected,Natural Gas Connected,Electricity Connected
Roof Type None
Building
Lot Description Cleared,Other,Level
Others
HOA Fee Include None
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional