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424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
424 E 10th Street
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$245,000

424 E 10th Street

5 Beds 2 Baths 2,209 Sq.Ft.

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!

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Location

424 E 10th Street, Michigan City, IN 46360

Status

For Sale
Giorgios Karayannis

Giorgios Karayannis

Property Amenities

Interior
Appliances Range, Refrigerator
Flooring Vinyl
Total Bedrooms: 5
Full Bathrooms: 2
Other Interior Features Other
Area & Lot
Lot Area 5,565 Sq.Ft.
Living area 2,209 Sq.Ft.
MLS® ID 817362
Year Built 1890
School District Michigan City
Type Multi-Family
Status For Sale
Exterior
Air conditioning None
Heat type Natural Gas, Forced Air
Water Source Public
Sewer Public Sewer
Other Exterior Features None
Parking Off Street
Lot Features Corner Lot
Roof Shingle
Utilities Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Finance
Sales Price $245,000
Real Estate Tax $2,728 yearly
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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 424 E 10th Street, Michigan City, IN 46360. We are reviewing your request and will be in touch shortly!

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