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Commercial For Sale
523 E 8th Street
Michigan City, Indiana 46360
La Porte CountyCommunity: Orr & Cobbs Add
$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
Contact Information:
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.
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
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Updated: Oct 01, 2024
