Closed

$147,000

Favorite

beds

bath

1,143

square ft

315 Grace Street

Michigan City, Indiana 46360

Closed / MLS #800434 / Single Family / Michigan City

Listing information updated 4/26/2024 at 11:04am

This 3 bedroom 1 bath ranch-style home on over 1/3 acre corner lot is being offered to the market as an investment property opportunity, sold only with adjoining property at 309 Grace, listed as a package. Gross income combined of $60,000, with a 9.3 CAP rate. See MLS# 800432. 9.3 Cap rate, $1,300 monthly gross on this one at 315 Grace and tenant pays all utilities. Home is sold AS-IS. Sold with possession subject to Tenant's rights. Tenant's personal property is excluded. Any personal property from landlord will stay in basement. Solid rental history. Prequalified buyers only.

Full Features

Architecture Style:

Ranch

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas

Appliances:

Gas Range, Refrigerator

Main Level Primary Bedroom:

Pool:

Age:

71 Years

Parking Type:

Driveway,Off Street

Garage:

Driveway,Off Street

Room Count:

Water Front:

Square Feet:

1,143

Lot Size:

16072

Acreage:

0.37

Internal Features:

None

External Features:

None

Room Information

Living Room:

11.0 x 14.0 - to

Kitchen:

11.0 x 14.0 - to

2nd Bedroom:

10.0 x 12.0 - to

3rd Bedroom:

10.0 x 10.0 - to

Taxes & Assessments

Tax Amount:

$1,478

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 11:04am. 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...

Learn More

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.

New Listings in Michigan City, IN

Recently Sold Homes in Michigan City, IN

Popular Neighborhoods near Michigan City, IN

315 Grace Street is a single family home which sold for $147,000. 315 Grace Street features 3 Beds, 1 Bath. This single family home has been listed on @properties since March 4th, 2024 and was built in 1953. Nearby schools include Michigan City High School. The nearest transit stops include Carroll Avenue Metra South Shore line.