Loan Price
$2,873
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(SOLD) $510,000
1006 W 8th Street Michigan City, IN 46360
- 6,187 sq. Ft
Property Description for 1006 W 8th Street Michigan City, IN 46360
Freshly packaged as a great look for an investor, take advantage of this 3-Pack Six Total Unit over/under duplex portfolio located at 8th, 4th, & Kentucky Streets. 15 total bedrooms, 6 total baths. Net Income of $60K, for a stellar CAP rate of 12.6% and a GRM of 7.2!! Leases are in place, some tenants are long term, but rents have escalated nicely to provide an excellent rate of return. Tenants pay utilities and have access to washer & dryer hookups.Each property is just several blocks from the Lighthouse Place Outlet and near Pullman Park fields, courts & skatepark and the transforming historic downtown. All sold AS-IS and Subject to Tenant's Rights. Showings only Tues & Sat 1:30-2:30p our of respect to our tenants.
Address:1006 W 8th Street Michigan City IN 46360
Status:Sold
Sold On: 12/19/2023
Price:$510,000
Bathrooms:0
Sq. Feet:6,187
Year Built:1873
Lot Size:0.39
County: LaPorte
MLS #:540831
Property Type:Multi Family
Lot Dimensions:various
Directions:See each MLS Listing for directions to each property.
Total Sq. Ft. :6,187
Mandatory HOA Fee:$
Total Sq. Ft.:6,187
Exterior Features:Other
Heat:Forced Air
Jeff Safrin
Additional Phone (219) 309-9930
Email jeff.safrin@talktotucker.com
F.C. Tucker Company
Schools in 1006 W 8th 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 10/27/2023 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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There is no data available at this time for Michigan City.
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