Michigan City, IN 46360,215 W 9th ST
Michigan City, IN 46360,215 W 9th ST
Michigan City, IN 46360,215 W 9th ST
$135,000
Est. payment /mo
$150,000
10.0%
Est.Price: ?

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3 Beds
2 Baths
2,484 SqFt
SOLD DATE : 03/22/2024

Key Details

Sold Price $135,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $54

Subdivision Elstons 02 South Add

MLS Listing ID 542472

Sold Date 03/22/24

Bedrooms 3

Full Baths 2

Year Built 1860

Lot Size 5,009 Sqft

Acres 0.115

Lot Dimensions 27x167

Property Description

Established two unit residential property on edge of downtown Michigan City conveniently close to restaurants, shopping, beach, and the new double track providing access to downtown Chicago in 45 minutesBoth units are currently occupied on short-term leases that could be extended individually or together, or occupy and collect rent to pay your mortgage!The main-level unit offers a living room, kitchen, two bedrooms and a bathroom, currently renting under market for $800/mo. The upstairs unit is well decorated and currently used as an Air B&B, and the rent roll shows gross rents of nearly $20,000 in 2023! Total income for both units is nearly $30,000.Opportunity to own real estate close to the center of growing Michigan City. Live and rent or use as a place to stay while visiting in the area. This property offers many attractive opportunities and is offered for both FHA and VA as well as conventional and insured conventional financing. Ask about possible financing incentives.

Location

State IN

County La Porte

Interior

Interior Features None

Heating Forced Air, Natural Gas

Fireplace Y

Appliance Other

Exterior

Exterior Feature None

View Y/N true

View true

Building

Story Two

Others

Tax ID 460129453012000022

SqFt Source Assessor

Acceptable Financing NRA20240201212046970307000000

Listing Terms NRA20240201212046970307000000

Financing Cash

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Listed by Listing Leaders Specialty
Bought with Coldwell Banker Realty

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Jaime Birks

+1(708) 925-2352

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