Michigan City, IN 46360,105 Hancock Avenue
Michigan City, IN 46360,105 Hancock Avenue
Michigan City, IN 46360,105 Hancock Avenue
20
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$149,000
Est. payment /mo
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5 Beds
1 Bath
1,727 SqFt
Active

105 Hancock Avenue Michigan City, IN 46360

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Key Details

Property Type Single Family Home, Commercial

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,727 sqft

Price per Sqft $86

MLS Listing ID 817470

Bedrooms 5

Full Baths 1

Year Built 1889

Annual Tax Amount $1,296

Tax Year 2023

Lot Size 6,250 Sqft

Property Sub-Type Single Family Residence

Property Description

With over 1700 SF this 5 bedroom 1 bathroom home is being sold as an investment property with long term tenant in place! CAP rate for investor at 8.1, with great upside potential. Current tenant has been there many years, so lease rate considers that loyalty. 2 bedrooms on the main floor, plus another 3 bedrooms upstairs. Main floor bath and laundry room. Enclosed front porch and back entryway. Current lease thru March 31, 2026. Tenant pays utility bills, landlord pays taxes and insurance. Park your investment in the economically developing Michigan City area near the Lake Michigan shoreline. By Appt ONLY. Schedule your in-person or virtual tour today, times slots available are SATs at 11 am and TUESs at 4 pm out of respect to Tenant.

Location

State IN

County La Porte

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Range, Range Hood

Exterior

Exterior Feature None

Building

Lot Description Back Yard

Schools

School District Michigan City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by RE/MAX Lifestyles

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agent

Dennis & Karen

Agent

+1(219) 213-3346

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105 Hancock Avenue