Closed

$421,000

Favorite

beds

baths

309 Grace Street

Michigan City, Indiana 46360

Closed / MLS #800432 / Multiple Unit (2-4) / Michigan City

Listing information updated 4/26/2024 at 9:44am

Step into this nice turnkey 4-unit over under investment property being sold as a package with 315 Grace MLS# 800432. Gross income combined of $60,000, with a 9.3 CAP rate. The two main floor units are built to be accessible from exterior, with ramp and accessible door widths and roll under kitchen sinks. Other two units are upstairs. Features a 24x24 garage, and great off street parking with concrete driveway. Basement with mechanicals, upstairs unit mechs are in attic. All utilities are separated, and tenants pay own utilities. This is truly a turn-key investment. Property is sold AS-IS, subject to Tenant's Rights. Personal property of landlord in basement and garage to stay, personal property of Tenant's excluded.

Full Features

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

Range, Refrigerator

Pool:

Age:

120 Years

Parking Type:

Driveway

Parking Spaces:

Garage:

Driveway

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

5662.8

Acreage:

0.13

Taxes & Assessments

Tax Amount:

$1,956

Tax Year:

2022

Location

Zip Code:

46360

City:

Michigan City

County:

La Porte

Schools

School District(s):

Michigan City

Elementary School:

N/A

Middle School:

N/A

High School:

Michigan City High School

Listing Office Phone: 219.462.2121

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/26/2024 at 9:44am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Michigan City, IN

With pristine beaches and close proximity to both the Indiana Dunes and the south shore of Lake Michigan, Michigan City has it all. Home to the Old Michigan City Light, the community boasts one of the last remaining and oldest lighthouses in Indiana. Today, the Michigan City Historical Society opera...

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Metra

South Shore line at Carroll Avenue

$216,280

Average Sale Price

Average Days On The Market

94%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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309 Grace Street is a multiple unit (2-4) which sold for $421,000. 309 Grace Street features 8 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since March 4th, 2024 and was built in 1904. Nearby schools include Michigan City High School. The nearest transit stops include Carroll Avenue Metra South Shore line.