Michigan City, IN 46360,424 E 10th ST
Michigan City, IN 46360,424 E 10th ST
Michigan City, IN 46360,424 E 10th ST
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$245,000
Est. payment /mo
5 Beds
2 Baths
5,565 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,565 sqft

Price per Sqft $44

Subdivision Orr & Cobbs Add

MLS Listing ID 817362

Bedrooms 5

Full Baths 2

Year Built 1890

Annual Tax Amount $2,728

Tax Year 2023

Lot Size 5,566 Sqft

Acres 0.1278

Property Sub-Type Duplex

Property Description

Rewarding investment property to fit in your portfolio! This 2-unit beauty is in the coveted Elston Grove neighborhood. Enjoy the convenience of a short walk to downtown Michigan City, where you'll find a variety of restaurants, the new South Shore train station, and Lake Michigan public beach. This classic charmer is move-in ready, offering an impressive 24,900 in annual income and a pro forma potential of 27,900. Plus, the roof and roof decking were newly installed in October 2022! Separate electric and gas meters with the opportunity to inherit the property manager already in place. Opportunities like this are rare--lock it up today!

Location

State IN

County La Porte

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Fireplace N

Appliance Range, Refrigerator

Exterior

Exterior Feature None

View Y/N true

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Building

Lot Description Corner Lot

Story Two

Schools

School District Michigan City

Others

Tax ID 460128309007000022

SqFt Source Assessor

Acceptable Financing NRA20250305215453662707000000

Listing Terms NRA20250305215453662707000000

Pets Allowed Yes


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Listed by @properties/Christie's Intl RE

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agent

Jaime Birks

+1(708) 259-6242

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424 E 10th ST