1010 1012 Cedar Street
Michigan City, IN 46360
- 12 beds
- 4 baths
- 4,572 sqft
- 5,227 sqft lot
- $109 per sqft
- 1910 build
- – on site
More homes
Phenomenal 4 unit transit-oriented property located just steps east of the new NICTD mixed use development and South Shore Station with solid income numbers in the Elston Grove Historic Neighborhood. Brick construction, with front and rear stairwell access. Property includes adjacent lot to north with new parking lot. Each unit is a 3/1, with thoughtful layouts, including a flex room bedroom with french doors. High ceilings and wood floors. Each unit has space for storage in locker setups in the huge basement, as well as washer & dryer hookups for the tenant's use. 9.1 CAP and a 9.9 GRM for excellent investment returns with long proven rental histories. Tenants pay all utilities, except 5th common area house meter paid by Landlord.Unit sizes estimated buyer to verify. Showings by appointment only.
Last checked:
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Last updated Aug 17, 2024
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MLS# 542568 —
The Building
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Year Built:1910
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Patio And Porch Features:Porch
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Basement:Full
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Basement:true
Interior
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Interior Features:Elevator
Room Dimensions
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Living Area:4572
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Living Area Source:Assessor
Location
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Directions:W Michigan Blvd to E Michigan Blvd, go southeast on E Michigan Blvd to E 10th St, turn west on E 10th st and follow until Cedar St. Go South on Cedar St and property is on the east corner of Cedar St and E 11th St.
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Latitude:41.712921
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Longitude:-86.894658
The Property
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Parcel Number:460129481004000022
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Property Subtype:Quadruplex
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Lot Size Acres:0.12
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Lot Size Square Feet:5227
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Lot Size Dimensions:IRR
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Exterior Features:Storage
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:Legal Description: 42-01-29-481-004 LAND CO FRL LT 1 E OF BLK 85 VAC 11TH ST. E OF FRL. LT E OF BLK & 42-01-29-481-002 LAND CO 30 X 50FT S PT LT 2 EX 5FT E SD BLK NOT NUM E OF BLK 85
Beds
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Total Bedrooms:12
Baths
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Total Baths:4
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Full Baths:4
Utilities
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Utilities:Electricity Available, Natural Gas Available, Sewer Available
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Water Source:Public
Schools
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High School:Michigan City High School
The Community
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Subdivision Name:N/A
Parking
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Parking Features:Off Street
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 |
|---|---|---|---|---|
|
1/26/24
Jan 26, 2024
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Sold | NIRA |
