IN > Michigan City
Michigan City, IN 46360,1112 Wabash Street
Michigan City, IN 46360,1112 Wabash Street
Michigan City, IN 46360,1112 Wabash Street
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$259,900
Est. payment /mo
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5 Beds
3 Baths
4,718 SqFt
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1112 Wabash Street Michigan City, IN 46360

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,718 sqft

Price per Sqft $55

MLS Listing ID 823389

Bedrooms 5

Full Baths 3

Year Built 1925

Annual Tax Amount $2,002

Tax Year 2023

Lot Size 5,248 Sqft

Property Sub-Type Triplex

Property Description

This gorgeous brick 3 flat in the heart of Michigan City has hardwood floors, 3 fireplaces, brick and limestone interior with beautiful woodwork and crown molding. Only 4 blocks from the new South Shore train station and less than 3 miles from Lake Michigan! Estimated earning potential for monthly market rates is 3,200 a month, and more for a short term rental. Come take a look at all this lake town and area has to offer! Explore the Blue Chip Casino, Lake Michigan Beaches, Harbor Wine Country, The Dunes National Lakeshore, and less than 60 miles to the heart of Chicago. This has everything you are looking for, with room to grow in value after some updates. Showings start Sunday.Additional building stats: Unit 2 and 3 are both 1,561 square feet. Unit 1 is 780 square feet. The property has a total of 4,718 square feet with the unfinished basement space. All units have appliances included. Each unit has it's own meter inside the basement. There is also separate storage units, furnaces and water heaters inside the basement as well for each tenant. Shared laundry and work room area. The brick 2 car garage has two separate sides if you wish to rent these out individually as well. This 3 flat building was well built, thoughtfully planned out and is ready for your investment portfolio.

Location

State IN

County La Porte

Rooms

Basement Daylight, Walk-Out Access, Partially Finished, Full

Interior

Interior Features Ceiling Fan(s), High Ceilings, Entrance Foyer

Heating Hot Water

Cooling None

Flooring Carpet, Linoleum, Hardwood

Fireplaces Number 2

Fireplace Yes

Appliance Other

Exterior

Exterior Feature Rain Gutters

Parking Features Alley Access, On Street, Garage Faces Side, Garage Door Opener, Driveway, Detached, Concrete

Garage Spaces 2.0

Utilities Available Other

Roof Type Other

Building

Lot Description Back Yard, Near Public Transit, Few Trees, Front Yard

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Atlas Real Estate Associates,

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agent

Dennis & Karen

Agent

+1(219) 213-3346

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1112 Wabash Street

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