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!
Listed By
Broker Name: @properties/Christie's Intl RE
Broker Phone: (219) 243-2120
Shown By
Agent Name: Jennifer Garza
Agent Phone: (574) 210-2737
Broker Title: Cressy & Everett Real Estate
Estimated Payment
$ 598.36 per month $420.90 Principal & Interest $152.67 Property Tax $24.79 Homeowner's InsuranceSend an email with a link to
124 N Woodland Avenue , Michigan City, IN 46360.
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