1001 E Michigan Boulevard
Michigan City, IN 46360
- 6 beds
- – baths
- – sqft
- 1,999 sqft lot
- 1900 build
- – on site
Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great value-add opportunity. Excellent long-term tenant history as well as solid return on investment. Don't miss your chance to capitalize on the fast-pace growth that the Michigan City area is experiencing!
Last checked:
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Last updated Dec 4, 2024
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MLS# 803724 —
The Building
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Year Built:1900
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New Construction:false
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Window Features:Wood Frames
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Levels:Two
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Basement:Concrete, Sump Pump, Unfinished
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Basement:true
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Above Grade Finished Area:3356
Interior
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Interior Features:Eat-in Kitchen, Other
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Fireplace:false
Room Dimensions
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Living Area Source:Assessor
Financial & Terms
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Lease Considered:false
Location
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Latitude:41.713912
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Longitude:-86.889299
The Property
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Parcel Number:46-01-28-336-001.000-022
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Property Subtype:Apartment
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Lot Features:City Lot, Near Public Transit, Corner Lot
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Lot Size Acres:0.0459
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Lot Size Area:2000
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Lot Size Square Feet:1999.4
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Lot Size Dimensions:23x100
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Lot Size Source:Assessor
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Lot Dimensions Source:Assessor
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View:City, Neighborhood, City Lights
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Exterior Features:None
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Fencing:None
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Waterfront:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (219) 728-7295
- Office phone:
- (269) 469-3950
Taxes
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Tax Year:2023
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Tax Annual Amount:3286
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Tax Legal Description:42-01-28-336-001 23 X 100 FT SW 1/4 NE 1/4 SW 1/4 & PT VAC ALLEY S28 T38 R4 .055 A TIF ASSMT #51 SANI ASSMT #36 61 70 & 80
Beds
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Total Bedrooms:6
Baths
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Full Baths:5
Heating & Cooling
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Heating:Central, Varies by Unit, Natural Gas
Utilities
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Utilities:Cable Available, Water Available, Sewer Available, Electricity Available, Phone Available, Natural Gas Available
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Electric:200+ Amp Service, Separate Meters
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Water Heater, Range, Refrigerator
Schools
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High School District:Michigan City
The Community
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Subdivision Name:N/A
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Senior Community:false
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Community Features:Sidewalks, Street Lights
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Pool Features:None
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Pets Allowed:Yes
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Association:false
Parking
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Garage:false
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/22/24
Nov 22, 2024
|
Price Changed | NIRA | $279,000 | -6.7% |
|
6/27/24
Jun 27, 2024
|
Listed / Active | NIRA | $299,000 |
