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$149,000
5 Beds
1 Bath1 full bath
1,727sqft
105 Hancock Ave, Michigan City, IN 46360
$149,000
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Single Family Residence
Built in 1889
$-- HOA
6,250 sqft lot
$86/sq.ft
Description
Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. ...
Continue Reading- Houzeo last checked: 35 Minutes ago
- Listing updated: May 5, 2026 at 2:31 pm
- Listing Provided by: Matt Evans (219) 241-8401 | RE/MAX Lifestyles (219) 462-2121
- Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 817470
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1889
HOA Fees
-
Finished Area
1,727 sqft
Lot Size
6,250 sqft lot
Basement Area
- sqft
MLS Name
Northwest Indiana REALTORS® Association MLS
MLS Number
817470
MLS Status
Active
Days on Market
456
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
