Description
Attention investors! Fantastic rental opportunity located in the Historic Elston Grove neighborhood of Michigan City just blocks from the revitalized downtown area and Zorn Brewery. The property taxes are very low in part due to the nearby Casino and Outlet Mall. Local area investment and infrastructure updates abound: the Double Track Line improvement to Downtown Chicago is underway, the decommissioning of the coal power plant is planned, an incoming Fortune 500 company is on their way, and numerous multi-unit apartment complexes are being built. Plus the home is situated just 1 1/2 miles from Lake Michigan, Washington Park Beach & Zoo. This is an opportunity not to miss. The unit is currently tenant occupied, lease ends in July. The building is being sold "as-is". The owner has two additional properties in the area which are not currently listed but could be offered in a package deal.
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3BEDS
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0.08ACRES
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2BATHS
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01/2 BATHS
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2,047SQFT
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$68$/SQFT
School Ratings & Info
Description
Attention investors! Fantastic rental opportunity located in the Historic Elston Grove neighborhood of Michigan City just blocks from the revitalized downtown area and Zorn Brewery. The property taxes are very low in part due to the nearby Casino and Outlet Mall. Local area investment and infrastructure updates abound: the Double Track Line improvement to Downtown Chicago is underway, the decommissioning of the coal power plant is planned, an incoming Fortune 500 company is on their way, and numerous multi-unit apartment complexes are being built. Plus the home is situated just 1 1/2 miles from Lake Michigan, Washington Park Beach & Zoo. This is an opportunity not to miss. The unit is currently tenant occupied, lease ends in July. The building is being sold "as-is". The owner has two additional properties in the area which are not currently listed but could be offered in a package deal.
Listing information © 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.