This wholesome income property presents an incredible opportunity for investors or those seeking a multi-unit residence. Located less than a mile from the new South Shore Double Track, this prime location offers easy access to shopping, the Blue Chip Casino, beautiful beaches, and a variety of dining options. The main level features three bedrooms, while the upper level offers two bedrooms and a washer/dryer combo hookup. Current tenants are on month-to-month agreements and express their willingness to sign a new lease with the new owner, showcasing the property's stability and potential. Each unit is equipped with separate gas and electric meters, simplifying utility management. Enjoy the convenience of four parking spaces located behind the house accessible via the alley. The rear of the property boasts a separate entry and a dedicated deck, offering an outdoor space to unwind. Property is being sold AS-IS.Don't miss out on this fantastic investment opportunity!
Closed
$138,000
123 E Fulton St, Michigan City, IN 46360
5beds
1,832sqft
Duplex
Built in 1889
-- sqft lot
$163,600 Zestimate®
$75/sqft
$1,402 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 25, 2024 at 09:49pm
Listed by:
Lindsay Milcarek,
BHHS Executive Group RE 219-464-8521
Bought with:
Taylor Jackson, RB20000666
Generic Office
Source: NIRA,MLS#: 537849
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: In Unit, Other
Features
- Elevator
- Basement: Full
Interior area
- Total structure area: 1,832
- Total interior livable area: 1,832 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Patio & porch: Deck, Patio, Porch
- Exterior features: Storage
- Frontage length: 65
Lot
- Size: 4,874 sqft
- Dimensions: 65 x 75
Details
- Parcel number: 460132284005000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1889
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Community & neighborhood
Location
- Region: Michigan City
- Subdivision: Sandborns Add
HOA & financial
Other financial information
- Total actual rent: 14940
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$163,600
2% more+$3,272
With Zillow Showcase(estimated)$166,872