Three-unit multi-family property featuring two occupied units currently occupied. Unit 1-900 a month, unit 3- 700 a month each. With a little TLC the rent amount can increase to 1,000 per unit. The third unit is vacant and ready for rehab, offering immediate value-add opportunity and increase rental income potential. Major improvements have already been completed, including a new gutters, new roof, new siding, new windows for all units, new hot water heaters in two units, minimizing large upfront expenses for the next owner. Rents are below market value and could exceed 1,100 with some TLC.
Listed By
Broker Name: @properties/Christie's Intl RE
Broker Phone: (219) 243-2120
Shown By
Broker Title: Cressy & Everett Real Estate
Broker Phone: 888-988-0838
Estimated Payment
$ 996.31 per month $836.85 Principal & Interest $110.17 Property Tax $49.29 Homeowner's InsuranceSend an email with a link to
111 S Porter Street , Michigan City, IN 46360.
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