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  • $205,000

    1212 Kentucky St, Michigan City, IN 46360

    5beds
    2,510sqft
    Duplex
    Built in 1900
    -- sqft lot
    $220,700 Zestimate®
    $82/sqft
    $1,052 Estimated rent

    Owner options

    List your home for rent

    $1,052/mo

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    $1,052/mo

    Rent Zestimate®

    Refinance and save

    $993/mo

    Est. payment

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    $993/mo

    Est. payment

    What's special

    Step right into ownership of this turnkey 2500 SF over/under duplex investment property with a strong rental history. Classic home, nice presentation from the curb, with front porch main floor entry, and separate back entry off driveway for upstairs tenant. Wood flooring and tile. Main floor $1060 thru June 2025, upper $940 til April 2025. CAP rate is an excellent 10.4 based on income and expenses. GRM is 8.8. Vinyl siding. Fenced backyard. Unfinished basement with access for both tenants to washer & dryer hookups (washer & dryers not included = tenant's personal property). 24 Hour notice required, showings ONLY TUES 2-3 OR SAT 1-2 out of respect to the Tenants.

    Zillow last checked: 8 hours ago

    Listing updated: March 01, 2024 at 12:27pm

    Listed by:

    Matt Evans,

    RE/MAX Lifestyles 219-462-2121

    Bought with:

    Erica Miller, RB17000106

    Coldwell Banker Real Estate Gr

    Source: NIRA,MLS#: 544210MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Laundry: Common Area
    Features
    • Elevator
    • Basement: Partial
    Interior area
    • Total structure area: 2,510
    • Total interior livable area: 2,510 sqft
    • Finished area above ground: 2,150

    Property

    Parking
    • Parking features: None, Off Street
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    • Frontage length: 53
    Lot
    • Size: 5,227 sqft
    • Dimensions: 53 x 99
    Details
    • Parcel number: 460132139003000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available

    Community & neighborhood

    Location
    • Region: Michigan City
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 24000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Lease Option
    • Road surface type: Gravel
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $220,700
    2% more+$4,414
    With Zillow Showcase(estimated)$225,114