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$450,000

413 E 10th Street Michigan City, IN  46360

  • 8 Beds
  • 4 Baths
  • 2,552 sq. Ft

Property Description for 413 E 10th Street Michigan City, IN 46360

Here is an investment property in the Elston Grove Historic District! 4 unit with 8 BR & 4 BA, 2 units up and 2 on the main level. Vinyl siding for easy care, and some good off street parking. Full basement house the mechanicals and provides good storage if needed. All utilities are separate!! Tenants pay utilities. Each unit rents for $980, and 3 are leased to Oct '24, Oct '24, and Jan '25. CAP rate is 9.6. Solid rental history. So close to the brand new south shore station for an easy trip to Chicago, South Bend, or in between.

Address:413 E 10th Street Michigan City IN 46360
Status:Closed
on site: 85 days
Price:$450,000
Bedrooms:8 Beds
Bathrooms:4 Full Baths
Sq. Feet:2,552
Year Built:1890
Lot Size:0.11
County: La Porte
Township: Michigan
MLS #:544499
Property Type:Quadruplex

Lot Dimensions:59 x 82
Directions:E Michigan Blvd to Maple St, turn southwest on Maple St and then west on E 10th St. Follow to property on the south side of the street.
Total Sq. Ft. :2,552
Basement:Yes

Loan Price
$2,535
Price And Interest $2,347/month
Property Tax $0/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2022
Mandatory HOA Fee:$

Subdivision: N/A
Zip Code:46360

Total Sq. Ft.:2,552
Interior Features:Elevator
Total Rooms:16
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 413 E 10th Street Michigan City, IN  46360


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Listing provided courtesy of Matt Evans with RE/MAX Lifestyles from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/01/2024 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

103
Avg. DOM
$216.58
Avg. $ / Sq.Ft.
$ 364,900
Med. List Price

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