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About This Home
This 5-bedroom, 4-bathroom multi-family at 244 Burnham Street in Lowell, IN is listed for $289,999. Built in 1903, on a 0.44 acres lot.
A versatile property with something to offer for a wide range of buyers. The fully remodeled upstairs one-bedroom apartment with its own private entrance and kitchen functions beautifully as a mother-in-law suite, a rental income unit, or additional living space.
The main residence features three bedrooms, two and a half baths, and a full kitchen, and together the two units offer four bedrooms plus a bonus room across 2216 square feet on .44 acres with a nice backyard and deck. This property works in multiple ways depending on what you need.
Use both units as a traditional rental investment. Live in the main unit and let the upstairs apartment help cover your mortgage. Or open up the space entirely and enjoy four bedrooms plus a bonus room -- complete with two full kitchens. Both current tenants are reliable, long-term renters on flexible month-to-month arrangements who are willing to stay -- or the space can be reconfigured to fit your vision with reasonable notice.
Whether you're an investor, a growing family, or someone looking for flexible living with built-in income potential, this property has options.
Key Features
- Built in 1903
- 0.45 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,551/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
244 Burnham Street
Lowell, IN 46356
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 244 Burnham Street is listed at $289,999. The estimated monthly payment is $1,257 based on 20% down at 6.5% interest.
Key features include: Built in 1903, 0.45 acre lot, 2 stories. Interior Features: Laminate Counters, Pantry. Exterior Features: Fire Pit, Rain Gutters, Private Yard.
This property is listed by Jordan Gibson and can be reached at 2197652124 or jlgibson1203@gmail.com.


