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Courtesy of RE/MAX Lifestyles, Matt Evans, Listing Contact: [email protected]

Sold

515 W 10th Street

515 W 10th Street, Michigan City, IN 46360

$225,000

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.

7
beds

3
baths

2,720 Sq.Ft. LIVING AREA

1,742 Sq.Ft. lot

Matt Evans

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

Features & Amenities

Interior

total bedrooms7
Total bathrooms3
full bathrooms3
Laundry room In Unit, Other
other interior Features Elevator

Area & Lot

Status Sold
Date Sold February 9, 2024
Living Area2,720 Sq.Ft.
Lot Area1,742 Sq.Ft.
MLS® ID542558
TypeMulti-Family
YEAR BUILT1937
High SchoolMichigan City High School

Exterior

water SourcePublic
utilitiesElectricity Available, Natural Gas Available, Sewer Available
parkingNone

Financial

Sales Price$225,000

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