Step into this nice turnkey 4-unit over under investment property being sold as a package with 315 Grace MLS# 800432. Gross income combined of $60,000, with a 9.3 CAP rate. The two main floor units are built to be accessible from exterior, with ramp and accessible door widths and roll under kitchen sinks. Other two units are upstairs. Features a 24x24 garage, and great off street parking with concrete driveway. Basement with mechanicals, upstairs unit mechs are in attic. All utilities are separated, and tenants pay own utilities. This is truly a turn-key investment. Property is sold AS-IS, subject to Tenant's Rights. Personal property of landlord in basement and garage to stay, personal property of Tenant's excluded.
Closed
$421,000
309 Grace St, Michigan City, IN 46360
8beds
--sqft
Apartment
Built in 1904
-- sqft lot
$-- Zestimate®
$--/sqft
$1,250 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 26, 2024 at 07:35am
Listed by:
Matt Evans,
RE/MAX Lifestyles 219-462-2121
Bought with:
Matt Evans, RB14034485
RE/MAX Lifestyles
Source: NIRA,MLS#: 800432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range, Refrigerator
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- None
- Basement: Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,906
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Exterior features: None
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 5,662 sqft
- Dimensions: 60 x 98
- Features: Level, See Remarks
Details
- Parcel number: 460128437006.000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Michigan City
Other
Other facts
- Listing agreement: Exclusive Right To Sell