Michigan City, IN 46360 424 E 10th Street
$235,000
9 more
Presented By: Giorgios Karayannis with @properties/Christie's Intl RE - (219) 874-7070;
Beds • 5
Baths • 2
Home Details
Rewarding investment property to fit in your portfolio! This 2-unit beauty is in the coveted Elston Grove neighborhood. Enjoy the convenience of a short walk to downtown Michigan City, where you'll find a variety of restaurants, the new South Shore train station, and Lake Michigan public beach. This classic charmer is move-in ready, offering an impressive 24,900 in annual income and a pro forma potential of 27,900. Plus, the roof and roof decking were newly installed in October 2022! Separate electric and gas meters with the opportunity to inherit the property manager already in place. Opportunities like this are rare--lock it up today!
Presented By: Giorgios Karayannis with @properties/Christie's Intl RE - (219) 874-7070;
Interior Features for 424 E 10th Street
Bedrooms
Total Bedrooms5
Bathrooms
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2209
Fireplace Y/NNo
Interior AmenitiesOther
General for 424 E 10th Street
AppliancesRefrigerator
CityMichigan City
CountyLa Porte
DirectionsFrom Michigan Blvd, turn West onto 10th St, property is on the Northwest corner of Lafayette & 10th St. From Pine St., turn East onto 10th St.
Electric Expense
Full Baths2
Garage Y/NNo
Gross Income24900
HeatingForced Air
High School DistrictMichigan City
Insurance Expense1269
Lease Considered Y/NNo
Legal DescriptionLegal Description: 42-01-28-309-007 ORR & COBB TRI PCE NE COR LT 5 BLK 12 EX TRI PCE SW COR LT 6 BL
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet5565
MaintenanceExpense420
Net Operating Income19744
New ConstructionNo
OwnerPaysExterior Maintenance, Water, Trash Collection, Taxes, Snow Removal, Sewer, Repairs, Management, Insurance
Patio/Porch FeaturesFront Porch
Pets AllowedYes
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameOrr & Cobbs Add
Tax Annual Amount2728
Tax Year2023
Total Actual Rent24900
Total Rooms12
TownshipMichigan
Trash Expense0
UtilitiesElectricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Waterfront Y/NNo
Year Built1890
Exterior for 424 E 10th Street
Exterior AmenitiesNone
Lot FeaturesCorner Lot
Lot Size Acres0.1278
Lot Size SourceAssessor
Parking FeaturesOff Street
Total Parking3
Water SourcePublic
Additional Details
Price History
Debra Hull
Broker
Similar Properties to 424 E 10th Street
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market. Complete the form to get started on your journey to purchase your dream home. Our lending partner has a wide variety of lending options available and advanced mortgage technology. As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.
We keep your info safe & never share it. View our Terms of Use.
Thomas Fallie
Phone:
(708) 516-3783
License #543277