$279,000
Active
70 Days Online
5 Beds3 Baths0 SQFT
Active
1516 Lafayette Street Michigan City, IN 46360
Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR & 3 BA (3 bed/1 bath, 1 bed/1 bath, large 1 bed/1 bath), 1 unit up and 2 on the main level. New windows, roof, plumbing, furnaces and all interior finishes. Gas & electric paid by Tenants, water/sewer is landlord paid. Total monthly rent of $2, 700/mo and units are leased to June '24, Nov '24, and Apr '25 CAP rate is over 9.0. Close to the brand new south shore station for an easy trip to Chicago, South Bend, or in between.
- Property TypeMulti-Family
- NeighborhoodSanborns Add 02
- CountyLa Porte
- Taxes$2,374
- HOA/Condo/Coop Fees$0
- Days on Site69 Days
- MLS StatusActive
- MLS ID Number801265
- Home Size Source Assessor
- Year Built1876
- Lot Size0.1282 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Parking GravelOff StreetParking Pad
- Parking Spaces 3
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories 2
- Acreage 0.1282
- Water Public
- Property Sub Type Triplex
- Property Condition Updated/ Remodeled
Interior Features
- Heating Forced AirNatural Gas
- Appliances DishwasherDryerGas RangeRefrigeratorWasher
- Interior None
- Laundry Features Other
- Fireplace No
Exterior Features
- Fencing None
- Pool Features None
- Exterior None
- Lot Corner Lot
- Patio And Porch Front Porch
Community Features
- Township Michigan
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Monthly Payment (Est.)
$1,489Copyright ©2024 Information is deemed reliable but not guaranteed.