315 Grace Street

315 Grace Street, Michigan City, IN 46360

$147,000

This 3 bedroom 1 bath ranch-style home on over 1/3 acre corner lot is being offered to the market as an investment property opportunity, sold only with adjoining property at 309 Grace, listed as a package. Gross income combined of $60,000, with a 9.3 CAP rate. See MLS# 800432. 9.3 Cap rate, $1,300 monthly gross on this one at 315 Grace and tenant pays all utilities. Home is sold AS-IS. Sold with possession subject to Tenant's rights. Tenant's personal property is excluded. Any personal property from landlord will stay in basement. Solid rental history. Prequalified buyers only.

3
beds

1
bath

1,143 Sq.Ft. LIVING AREA

0.37 Acres lot

Matt Evans

title Broker Owner
PHONE (219) 241-8401
EMAIL [email protected]
DRE # RB14034485

Features & Amenities

Interior

total bedrooms3
Total bathroom1
full bathroom1
APPLIANCES Gas Range, Refrigerator
other interior Features None

Area & Lot

Status Sold
Date Sold April 25, 2024
Living Area1,143 Sq.Ft.
Lot Area0.37 Acres
MLS® ID800434
TypeResidential
YEAR BUILT1953
Architecture StylesRanch
View DescriptionNone
High SchoolMichigan City High School
School DistrictMichigan City

Exterior

STORIES1
water SourcePublic
utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
PoolNone
lot featuresCorner Lot
parkingDriveway, Off Street
HEAT TYPENatural Gas
sewerPublic Sewer
other exterior FeaturesNone

Financial

Sales Price$147,000
Real Estate Tax $1,478/yr

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