Description
What an incredible investor opportunity with a collection of 30 SF homes and 3 duplexes, almost fully occupied, in Michigan City, Indiana. Homes are in a variety of conditions and arrangements, with 2 to 3 BRs + 1 BA. The duplexes offer 1 BR + 1 BA per unit. Average rents per housing unit are in the range of $500 to $700 per. These homes are slab on grade, simple construction from the 1950s. Extremely long rental histories, with many long term tenants. Properties are spread around Buffalo, Manhattan, Ruby, Carroll, Davidson, Del Plain, Highland, and Walton Streets. Only the few vacant units will be shown without LOI or offer. Listing is being sold AS-IS. Terms are cash or commercial loan and likely require 30-40% down depending on lender. Seller financing is not available. Qualified, serious investors only. Only 2 properties will be shown. Offers may be made subject to Buyer's personal tour of properties after acceptance. Subject to Tenant's Rights. Seller is a licensed agent.
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0BEDS
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4.85ACRES
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0BATHS
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01/2 BATHS
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26,905SQFT
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$81$/SQFT
School Ratings & Info
Description
What an incredible investor opportunity with a collection of 30 SF homes and 3 duplexes, almost fully occupied, in Michigan City, Indiana. Homes are in a variety of conditions and arrangements, with 2 to 3 BRs + 1 BA. The duplexes offer 1 BR + 1 BA per unit. Average rents per housing unit are in the range of $500 to $700 per. These homes are slab on grade, simple construction from the 1950s. Extremely long rental histories, with many long term tenants. Properties are spread around Buffalo, Manhattan, Ruby, Carroll, Davidson, Del Plain, Highland, and Walton Streets. Only the few vacant units will be shown without LOI or offer. Listing is being sold AS-IS. Terms are cash or commercial loan and likely require 30-40% down depending on lender. Seller financing is not available. Qualified, serious investors only. Only 2 properties will be shown. Offers may be made subject to Buyer's personal tour of properties after acceptance. Subject to Tenant's Rights. Seller is a licensed agent.
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