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124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo
124 N Woodland Avenue , Michigan City, IN 46360 Photo

6 Total Photos [Click to View All]

$85,000
Status: Active
124 N Woodland Avenue Michigan City, IN 46360
  • 4
    Bedrooms
  • 2
    Total Baths
  • Square Feet
  • 3,919.99
    Acres
  • 1924
    Year Built
  • HOA

Property Description

Investor opportunity! Priced at just 85K, this tenant-occupied two-unit property offers immediate rental income and strong upside for the right buyer. Each unit features 2 bedrooms and 1 bathroom, with a partially finished basement providing additional storage and future possibilities. The seller is motivated and ready to sell, offering the property as-is and with tenants in place. The main-floor tenant has occupied the property for nearly a decade and is currently month-to-month. The upstairs tenant moved in January and has a lease in place through December. Tenants pay on time, and the property currently generates 1,250 per month in rental income. While the property needs substantial TLC, the layout, income potential, and location make this a great opportunity for an investor ready to renovate and reposition. Conveniently located just blocks from the South Shore Line and near one of the city's main corridors, with quick access to shopping, dining, entertainment, Blue Chip Casino, and the beach. Great space, great potential, and priced to sell--bring your vision and make this your next investment opportunity!

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Listed By / Shown By

Listed By

Broker Name: @properties/Christie's Intl RE
Broker Phone: (219) 243-2120

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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Property Features

MLS Number: 841035
Subdivision:
County: La Porte
Bedrooms: 4
Total Square Feet: 0
New Constuction: No
Construction:
Waterfront: No
Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 3,920.00 Acres
Stories: 2.0
Taxes: $1,832
Year Built: 1924

Amenities

Eat-in Kitchen
High Ceilings

Appliances

None

Feature Descriptions

Lot: Rectangular Lot
Parking Features: Alley Access, On Street
Rent Includes: Sewer, Water
Rooms Total: 8
Sewer: Public Sewer
Water: Public

Location

Estimate Your Payment

Estimated Payment

$ 598.36 per month $420.90 Principal & Interest $152.67 Property Tax $24.79 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

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