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$279,000 $20,000on 12/4/2024

1001 E Michigan Boulevard Michigan City, IN  46360

  • 6 Beds

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Property Description for 1001 E Michigan Boulevard Michigan City, IN 46360

Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great value-add opportunity. Excellent long-term tenant history as well as solid return on investment. Don't miss your chance to capitalize on the fast-pace growth that the Michigan City area is experiencing!

Address:1001 E Michigan Boulevard Michigan City IN 46360
Status:Active
on site: 210 days
Price:$279,000
Bedrooms:6 Beds
Bathrooms:5 Full Baths
Year Built:1900
Lot Size:0.05
County: La Porte
Township: Michigan
MLS #:803724
Property Type:Apartment

Lot Dimensions:23x100
Basement:Yes

Loan Price
$1,571
Price And Interest $1,455/month
Property Tax $0/month
MTG INS $0/month
HOME INS $116/month
Price
$279,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,392 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/22/24 $299,000 $279,000 -6.69%

Tax Year:2023
Mandatory HOA Fee:$

Subdivision: N/A
Zip Code:46360

Interior Features:Eat-in Kitchen, Other
Appliances:Gas Water Heater, Range, Refrigerator
Exterior Features:None
Heat:Central, Varies by Unit, Natural Gas
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of David Albers with Coldwell Banker Realty from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/15/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Michigan City Market Report

110
Avg. DOM
$178.3
Avg. $ / Sq.Ft.
$ 238,900
Med. List Price

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