1509 W 10th Street Michigan City, IN 46360
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 9 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.
- Property TypeCommercial
- NeighborhoodOrr & Cobbs Add
- CountyLa Porte
- Taxes$11,558
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID Number518862
- Home Size Source Assessor
- Year Built1910
- Lot Size0.0985 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Building Features Other
- Parking Other
- Parking Spaces 9
- Acreage 0.0985
- Zoning Residential
- Property Sub Type Mixed Use
- Utilities Electricity ConnectedSewer ConnectedWater ConnectedOtherNatural Gas ConnectedNatural Gas Available
Interior Features
- Heating Forced Air
- Interior Elevator
Community Features
- Township Michigan
- Building Features Other