1010-1012 Cedar St, Michigan City, IN 46360

Phenomenal 4 unit transit-oriented property located just steps east of the new NICTD mixed use development and South Shore Station with solid income numbers in the Elston Grove Historic Neighborhood. Brick construction, with front and rear stairwell access. Property includes adjacent lot to north with new parking lot. Each unit is a 3/1, with thoughtful layouts, including a flex room bedroom with french doors. High ceilings and wood floors. Each unit has space for storage in locker setups in the huge basement, as well as washer & dryer hookups for the tenant's use. 9.1 CAP and a 9.9 GRM for excellent investment returns with long proven rental histories. Tenants pay all utilities, except 5th common area house meter paid by Landlord.Unit sizes estimated buyer to verify. Showings by appointment only.