8
See all 8 photos
$159,000
Est. payment /mo
6 Beds
3 Baths
10,890 SqFt
Price Dropped by $10K
111 S Porter ST Michigan City, IN 46360
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 10,890 sqft
Price per Sqft $14
Subdivision Cheneys Sub
MLS Listing ID 839462
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,322
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Triplex
Property Description
MOTIVATED SELLER! Three-unit multi-family property featuring two occupied units currently occupied. Unit 1-900 a month, unit 3- 700 a month each. 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 some TLC.
Location
State IN
County La Porte
Rooms
Basement Unfinished
Interior
Interior Features None
Heating Forced Air
Fireplace N
Appliance Gas Range, Refrigerator
Exterior
Parking Features Driveway, Gravel
View Y/N true
Building
Lot Description Back Yard, Private
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 460128458017000022
Acceptable Financing NRA20260523144443811114000000
Listing Terms NRA20260523144443811114000000
Pets Allowed Yes
Listed by @properties/Christie's Intl RE • Heather Conley
NEARBY SCHOOL & BUSINESS
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