Do Real Estate on the Go!
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Do Real Estate on the Go!
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Street View
$149,000
5 Beds
- 1 Bath
1 full bath
1,727sqft
105 Hancock Ave, Michigan, IN 46360
$149,000
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Single Family Residence
Built in 1889
$-- HOA
6,250 sqft lot
$86/sq.ft
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 ava...
Continue ReadingProperty 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
266
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