1001 East Michigan Boulevard

Michigan City, IN 46360

$299,000
Price
6
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great...Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great value-add opportunity. Excellent long-term tenant history as well as solid return on investment. Don't miss your chance to capitalize on the fast-pace growth that the Michigan City area is experiencing!
  1. Listed by David Albers • Coldwell Banker Realty
    P: (219) 728-7295 C: (219) 728-7295 david.albers@cbrealty.com

Property Details for 1001 East Michigan Boulevard

Subdivision
N/A
Pets Allowed
Yes

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 05/15/2024 02:15 PM

Property Details for 1001 East Michigan Boulevard

StatusActive
MLS #803724
Days on Market13
Taxes$3,286 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1900
CountyLaPorte County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1001 East Michigan Boulevard

Building/Complex1001 E Michigan BlvdFloor-Stories-Residences5Pet Policy-Year Built1900Building Size-

Payment Calculator

$1,906 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

$274

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1001 East Michigan Boulevard

Summary
Location and General Information
  • City/Town: Michigan City
  • State: IN
  • Township: Michigan
  • ZIP: 46360
  • Latitude: 41.71
  • Longitude: -86.89
  • County: La Porte
Taxes and HOA
  • Annual Tax Amount: $3,286.00
  • APN/Key #: 46-01-28-336-001.000-022
  • Tax Year: 2023
  • Tax Legal Description: 42-01-28-336-001 23 X 100 FT SW 1/4 NE 1/4 SW 1/4 & PT VAC ALLEY S28 T38 R4 .055 A TIF ASSMT #51 SANI ASSMT #36 61 70 & 80
School Information
  • School District: Michigan City
Parking
  • Garage Description: On Street
Property
Lot Information
  • Lot Measurement: Square Feet
  • Lot Square Footage: 1,999.40
  • Lot Dimensions: 23x100
  • Square Footage Source: Assessor
  • Acres: .05
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1900
  • Lot Description: City Lot, Near Public Transit, Corner Lot
Utilities
  • Utilities: Cable Available, Water Available, Sewer Available, Electricity Available, Phone Available, Natural Gas Available
  • Electric: 200+ Amp Service, Separate Meters
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Out Buildings: None
  • Foundation Details: Block
  • Levels: Two
Interior Features
  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement Type: Concrete, Sump Pump, Unfinished
  • Basement: Yes
  • Total Full Baths: 5
  • Bedrooms: 6
  • Basement Sq Ft: 0.0
  • Cooling: Window Unit(s)
  • Flooring: Varies
  • Heat Type: Central, Varies by Unit, Natural Gas
  • Interior Features: Eat-in Kitchen, Other
  • Roof: Rubber
Multi Family
Multi-Family Information
  • # of Units: 5
Rental
Rental Information
  • TenantPays: Cable TV, Electricity, Gas

Property History for 1001 East Michigan Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1001 East Michigan Boulevard

Taxable ValueLand$5,300Additions$86,300Total$91,600
Tax Record2023$3,287 ($274 / month)
Home Facts
Total Finished SqFt4,530 SqFtAbove Grade Finished SqFt4,530 SqFtStories3Lot Size2,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyLAPORTEAPN46-01-28-336-001.000-022

Schools near 1001 East Michigan Boulevard

This home is within Michigan City Area Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lake Hills Elementary School
PublicK to 6

Martin T Krueger Middle School
Public7 to 8

Michigan City High School
Public9 to 12

A K Smith Area Career Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1001 East Michigan Boulevard is a multi-family home for sale in Michigan City, IN 46360. This property was listed for sale on May 15, 2024 by Coldwell Banker Realty, it's currently listed at $299,000. This listing's school district is Michigan City Area Schools. Nearby schools include Lake Hills Elementary School, Martin T Krueger Middle School and Michigan City High School. 1001 East Michigan Boulevard is a 6-bed, 5-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.