Unique opportunity to acquire a turnkey single family investment

swipe instructions
Tap to see more photos

Commercial For Sale

523 E 8th Street

Michigan City, Indiana 46360

La Porte County

Community: Orr & Cobbs Add

map
$1,092,000 0 br, 0.0 bath 5773 sq. ft. 1.210 acres

Unique opportunity to acquire a turnkey single family investment home collection in the energized Lake Michigan community of Michigan City, Indiana. Currently going through transformative redevelopment projects related to the shoreline and the South Shore double-tracking project, Michigan City is seeing great interest and investment, to the tune of hundreds of millions in new projects. This downtown housing collection offers an investor a turnkey opportunity to get a 9.1 CAP on the investment. Currently consists of 7 homes & 1 lot ready for your ownership. Tenants pay all utilities. Laundry machines are not included in the sale, but most kitchen appliances are. Out of respect to our seller and tenants, only qualified buyers with POF and signed NDA may receive list of properties and property rent roll.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 5773
  • Year Built: 1910
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Forced Air
  • Garage: 
Exterior:
  • Lot Size: 1.210 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $11,558
  • MLS #: 518862
Get More Info
static map
Contact Information:
Beach Commercial For Sale in Michigan City, Indiana
Listing Agent: Matt Evans, NWI Pro Services Inc. dba RE/MAX Lifestyles, 219-241-8401, 219-462-2121 Listing Site, Listing Status: Active
Copyright © 2024 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 4851980
Viewed 173 times.
Updated: Oct 01, 2024

This property is a Commercial located at 523 E 8th Street, Michigan City, Indiana 46360, and is currently For Sale at $1,092,000. This Commercial has 0 bedrooms, 0.0 baths, 5773 sq ft.