Loan Price
$1,571
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$279,000 ↓$6,000on 5/2/2024
1516 Lafayette Street Michigan City, IN 46360
- 5 Beds
- 3 Baths
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Property Description for 1516 Lafayette Street Michigan City, IN 46360
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.
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Address:1516 Lafayette Street Michigan City IN 46360
Status:Active
on site: 47 days
Price:$279,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Year Built:1876
Lot Size:0.13
County: La Porte
Township: Michigan
MLS #:801265
Property Type:Triplex
Basement:Yes
| Date | Old Price | New Price | Percent Change |
| 05/02/24 | $285,000 | $279,000 | -2.11% |
Tax Year:2023
Mandatory HOA Fee:$
Interior Features:None
Appliances:Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Exterior Features:None
Heat:Forced Air, Natural Gas
Total Rooms:12
Jeff Safrin
Additional Phone (219) 309-9930
Email jeff.safrin@talktotucker.com
F.C. Tucker Company
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Schools in 1516 Lafayette Street Michigan City, IN 46360
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Listing provided courtesy of Susan Beyler with Harbor & Lake Real Estate, LLC from NIRA as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 03/25/2024 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
88
Avg. DOM
$212.09
Avg. $ / Sq.Ft.
$ 288,500
Med. List Price
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