Do Real Estate on the Go!
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Do Real Estate on the Go!
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Street View
$159,900
6 Beds
- 3 Baths
3 full baths
--sqft
111 S Porter St, Michigan City, IN 46360
$159,900
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Duplex
Built in 1900
$-- HOA
10,890 sqft lot
--/sqft
Description
Three-unit multi-family property featuring two occupied units currently generating 600 per month each (1,200/month total income). With a little TLC the rent amount can increase to 1,000 per unit. The third unit is vacant and ready for rehab, offering immediate value-add opportunity and increase rental income potential. Major improvements have already been completed, including a new gutters, new roof, new siding, new windows for all units, new hot water heaters in two units, minimizing large upfront expenses for the next owner. Rents are below market value and could exceed 1,100 with a little TLC.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
10,890 sqft lot
Basement Area
- sqft
MLS Name
Northwest Indiana REALTORS® Association MLS
MLS Number
834089
MLS Status
Active
Days on Market
14
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