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  • $225,000

    515 W 10th St, Michigan City, IN 46360

    7beds
    2,720sqft
    Duplex
    Built in 1937
    -- sqft lot
    $249,700 Zestimate®
    $83/sqft
    $1,119 Estimated rent

    Owner options

    List your home for rent

    $1,119/mo

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    $1,119/mo

    Rent Zestimate®

    Refinance and save

    $1,090/mo

    Est. payment

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    $1,090/mo

    Est. payment

    What's special

    Nestled in the block next to Marquette School sits this wonderful over/under duplex that has a strong rental history and spacious interior living space and bedrooms. Offering over 2720 SF of finished space, with 7 bedrooms and 3 baths total, the rental tenants will love their space. CAP rate is 11.5 with a GRM of 7.9 based on seller financial numbers. Separate entrances for each tenant, and to the unfinished basement. Main floor comes with stove, frig, microwave, dishwasher & washer & dryer. Upper has stove, frig, and microwave. Located just south of the outlet malls in the heart of the energized renewal of Michigan City, arrange your showing and make this investment yours.

    Zillow last checked: 8 hours ago

    Listing updated: February 28, 2024 at 02:37pm

    Listed by:

    Matt Evans,

    RE/MAX Lifestyles 219-462-2121

    Bought with:

    Carson Brand, RB22000962

    Coldwell Banker Market Connect

    Source: NIRA,MLS#: 542558MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Laundry: In Unit, Other
    Features
    • Elevator
    • Basement: Full
    Interior area
    • Total structure area: 2,720
    • Total interior livable area: 2,720 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Frontage length: 37
    Lot
    • Size: 1,742 sqft
    • Dimensions: 37 x 46
    Details
    • Parcel number: 460129389004000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available

    Community & neighborhood

    Location
    • Region: Michigan City

    HOA & financial

    Other financial information
    • Total actual rent: 27040

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $249,700
    2% more+$4,994
    With Zillow Showcase(estimated)$254,694