1516 Lafayette St Michigan City, IN

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Lafayette St, Michigan City, Home For Sale

Price: $265,000
Address: 1516 Lafayette St
City: Michigan City
State: IN
Zip:
Bathrooms: 3
Bedrooms: 5
Fee: No
Provided By: RealtyWW

Description:

Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR and 3 BA (3 bed/1 bath, 1 bed/1 bath, large 1 bed/1 bath), 1 unit up and 2 on the main level. New windows, roof, plumbing, furnaces and all interior finishes. Gas and electric paid by Tenants, water/sewer is landlord paid. Total monthly rent of $2, 700/mo and units are leased to June '24, Nov '24, and Apr '25 CAP rate is over 9.0. Close to the brand new south shore station for an easy trip to Chicago, South Bend, or in between.For more details: https://realtyww.info/homes_michigan-city-d529395/for-sale_i75620837

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