1001 E Michigan BLVD Active

Michigan City,IN 46360

$ 279000

6 Beds

5 Baths

1999 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,999 sqft

Price per Sqft $139

MLS Listing ID 803724

Bedrooms 6

Full Baths 5

Year Built 1900

Annual Tax Amount $3,286

Tax Year 2023

Lot Size 1,999 Sqft

Acres 0.0459

Lot Dimensions 23x100

Property Description

Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great value-add opportunity. Excellent long-term tenant history as well as solid return on investment. Don't miss your chance to capitalize on the fast-pace growth that the Michigan City area is experiencing!

Location

State IN

County La Porte

Interior

Interior Features Eat-in Kitchen,Other

Heating Central,Varies by Unit,Natural Gas

Fireplace N

Appliance Gas Water Heater,Range,Refrigerator

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description City Lot,Near Public Transit,Corner Lot

Story Two

Schools

School District Michigan City

Others

Tax ID 46-01-28-336-001.000-022

SqFt Source Assessor

Acceptable Financing NRA20240515025012784117000000

Listing Terms NRA20240515025012784117000000

Pets Allowed Yes

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