Report Listing

Home For Sale

Picture of Home For Sale in Michigan City, Indiana, United States

$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
Source: The World Property Journal

Advertisement

Other Properties Near Michigan City