Home For Sale
$265,000
1516 Lafayette St
Michigan City, Indiana, United States
5bd 3ba
Listed By: Realtyww Info
Listed On: 09/05/2024
Listing ID: GL11345304 View More Details
Description
Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR and 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 and 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.For more details:
Listed by: Susan Beyler