1516 Lafayette Street
1516 Lafayette Street
$279,000
5
3
—
—
—
Description
Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR & 3 BA (3 bed/1 bath, 1 bed/1 bath, large 1 bed/1 bath), 1 unit up and 2 on the main level. New windows, roof, plumbing, furnaces and all interior finishes. Gas & electric paid by Tenants, water/sewer is landlord paid. Total monthly rent of $2,700/mo and units are leased to June '24, Nov '24, and Apr '25 CAP rate is over 9.0. Close to the brand new south shore station for an easy trip to Chicago,...Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR & 3 BA (3 bed/1 bath, 1 bed/1 bath, large 1 bed/1 bath), 1 unit up and 2 on the main level. New windows, roof, plumbing, furnaces and all interior finishes. Gas & electric paid by Tenants, water/sewer is landlord paid. Total monthly rent of $2,700/mo and units are leased to June '24, Nov '24, and Apr '25 CAP rate is over 9.0. Close to the brand new south shore station for an easy trip to Chicago, South Bend, or in between.
- Listed by Susan Beyler • Harbor & Lake Real Estate, LLCP: (312) 925-7115 C: (312) 925-7115 susan@harborandlake.com
Property Details for 1516 Lafayette Street
Subdivision
Sanborns Add 02
Location
LISTING UPDATED: 05/02/2024 12:05 PM
Property Details for 1516 Lafayette Street
Status | Active |
---|---|
MLS # | 801265 |
Days on Market | 42 |
Taxes | $2,374 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1876 |
Lot Size | 0.13 AC / 5,584 SF |
County | LaPorte County |
Location
Building Information for 1516 Lafayette Street
Stories-Residences3Year Built1876Building Size-Lot Size0.13 AC / 5,584 SF
Payment Calculator
$1,720 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1516 Lafayette Street
Property History for 1516 Lafayette Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1516 Lafayette Street
Taxable ValueLand$14,500Additions$96,100Total$110,600
Tax Record2023$2,374 ($198 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,416 SqFtAbove Grade Finished SqFt2,416 SqFtStories2Lot Size5,586 SqFtStyleSingle Family ResidenceYear Built1876CountyLAPORTEAPN46-01-33-158-014.000-022
Schools near 1516 Lafayette Street
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 |
---|---|---|
Marsh 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.