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.
801265
Triplex, Multi-Family, 2 Story
5
La Porte
3 Full
1876
0.1282
Acres
Public
2
Public Sewer
2,416
Sq. Ft.
12
Sanborns Add 02
Bathrooms
3
Total:3
Detailed Room Information
- Laundry
- Other
Interior Features
- Square FootageAbove (approx)
- 2,416 Sq. Ft. Above Ground. Sq. Ft. Below Ground.
- Appliances
- Dishwasher, Dryer, Gas Range, Refrigerator, Washer
- Cooling
- None
- Heating
- Gas Heat. Forced Air.
- Basement
- Unfinished
Exterior / Lot Features
- Parking
- 3 Parking Spaces. Gravel, Off Street, Parking Pad.
- Patio
- Front Porch
- Pool Description
- None
- Structural Condition
- Updated/Remodeled
- Additional Exterior/Lot Features
- None. Corner Lot.
Financial Considerations
46-01-33-158-014.000-022
$2,374
Cash, Conventional
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