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2622 Buffalo Street

Michigan City, IN 46360
  • $2,190,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 515082
UPDATED: 29 min ago
$2,190,000
  • 0
    BEDS
  • 4.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,905
    SQFT
  • $81
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1953
County:

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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© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-13T11:52:37.063.
www.mccormickrealestateindiana.com/homes/130387351
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2622 Buffalo Street Michigan City, IN 46360

  • Price: $2,190,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 29 min ago
  • MLS #: 515082
0
Beds
0
Baths
0
½ Baths
4.85
Acres
26,905
SQFT
$81
$/SQFT
1953
Built
Neighborhood:
N/A
County:
Laporte
Area:
Michigan City
Property 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.
Exterior Features

Building Construction Other Building Exterior Other Dock Features None Foundation Other Frontage Access City Street Lot Dimensions Irr Misc Outside Other Parking Other Parking Spaces 0 Rail Availability None Roof Coverings Varies Roof Structure Other

Interior Features

Air Conditioning Ventilation None Ceiling Type Other Floor Finish Other Heat Ventilation Forced Air Misc Inside Other

Property Features

Amenities Exterior Lighting Backup Information Leases/CopiesLegal Description Current Use Multi FamilySingle Family Electrical Service Other Fire Protection None Information 48 Hr Notice ReqConfidentiality ReqLag Must Accompany Possession Subject To Tenant Potential Use Multi FamilyOther Property Subtype1 Other Taxes 32252.00 Tenant Pays ElectricityGasSewerWater Terms CashConventional Transaction Type Sale Utilities On

Listing information © 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Matt Evans of Re/Max Lifestyles.

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-13T11:52:37.063.
 
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