Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great value-add opportunity. Excellent long-term tenant history as well as solid return on investment. Don't miss your chance to capitalize on the fast-pace growth that the Michigan City area is experiencing!
Closed
$200,000
1001 E Michigan Blvd, Michigan City, IN 46360
6beds
--sqft
Apartment
Built in 1900
-- sqft lot
$203,300 Zestimate®
$--/sqft
$1,569 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 31, 2025 at 04:41am
Listed by:
David Albers,
Coldwell Banker Realty 269-469-3950
Bought with:
Andrea Buttermore, RB15000589
Blackrock Real Estate Services
Source: NIRA,MLS#: 803724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater, Range, Refrigerator
Features
- Eat-in Kitchen, Other
- Windows: Wood Frames
- Basement: Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 3,356
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Exterior features: None
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: City, Neighborhood
Lot
- Size: 1,999 sqft
- Dimensions: 23 x 100
- Features: Corner Lot, Near Public Transit
Details
- Parcel number: 460128336001000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service, Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights
Location
- Region: Michigan City
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$203,300
2% more+$4,066
With Zillow Showcase(estimated)$207,366