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  • $421,000

    309 Grace St, Michigan City, IN 46360

    8beds
    --sqft
    Apartment
    Built in 1904
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,250 Estimated rent

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    $2,405/mo

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    $2,405/mo

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    What's special

    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.

    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#: 800432MLS Logo

    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