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  • $1,050,000

    310 Colfax Ave, Michigan City, IN 46360

    7beds
    2,808sqft
    Apartment
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $374/sqft
    $1,556 Estimated rent

    Owner options

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    $1,556/mo

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    $1,556/mo

    Rent Zestimate®

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    $6,251/mo

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    $6,251/mo

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    What's special

    Welcome to 310 Colfax Ave, an exceptional 5-unit condominium complex thriving as a lucrative short-term rental, boasting nearly $200k a year in gross rental income. Located just off the enchanting shores of Lake Michigan.Immerse yourself in the charm of fully renovated turnkey units, seamlessly blending contemporary comforts with timeless elegance. Nestled in the heart of Michigan City, each residence boasts a unique and sought-after living experience. The property's prime location, combined with its flourishing short-term rental success, makes it an enticing investment opportunity.Embrace the allure of lakeside living where the beauty of Lake Michigan meets the convenience of modern amenities. Whether you're seeking an investment property or a unique lakeside retreat, this condominium complex offers a rare opportunity to experience the best of Michigan City living.Top floor includes three 1Bed 1Bath Units. Bottom Floor includes two 2Bed 1Bath units.

    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2024 at 11:54am

    Listed by:

    Chad Gradowski,

    Coldwell Banker Realty 269-469-3950,

    Lane Moser,

    Coldwell Banker Realty

    Bought with:

    Chad Gradowski, RB14032533

    Coldwell Banker Realty

    Source: NIRA,MLS#: 544188MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Features
    • Elevator
    Interior area
    • Total structure area: 2,808
    • Total interior livable area: 2,808 sqft
    • Finished area above ground: 2,800

    Property

    Parking
    • Parking features: None
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Storage
    Lot
    • Size: 3,219 sqft
    • Dimensions: 70 x 46
    Details
    • Parcel number: 460121303008000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Condition
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Sewer Available

    Community & neighborhood

    Location
    • Region: Michigan City
    • Subdivision: Sheridan Bch Park 04 Add/Michig

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional