6
See all 6 photos
$85,000
Est. payment /mo
4 Beds
2 Baths
170,755,200 SqFt
New
124 N Woodland AVE Michigan City, IN 46360
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 170,755,200 sqft
Price per Sqft $0
MLS Listing ID 841035
Bedrooms 4
Full Baths 2
Year Built 1924
Annual Tax Amount $1,832
Tax Year 2025
Lot Size 3920.000 Acres
Acres 3920.0
Property Sub-Type Duplex
Property Description
Investor opportunity! Priced at just 85K, this tenant-occupied two-unit property offers immediate rental income and strong upside for the right buyer. Each unit features 2 bedrooms and 1 bathroom, with a partially finished basement providing additional storage and future possibilities. The seller is motivated and ready to sell, offering the property as-is and with tenants in place. The main-floor tenant has occupied the property for nearly a decade and is currently month-to-month. The upstairs tenant moved in January and has a lease in place through December. Tenants pay on time, and the property currently generates 1,250 per month in rental income. While the property needs substantial TLC, the layout, income potential, and location make this a great opportunity for an investor ready to renovate and reposition. Conveniently located just blocks from the South Shore Line and near one of the city's main corridors, with quick access to shopping, dining, entertainment, Blue Chip Casino, and the beach. Great space, great potential, and priced to sell--bring your vision and make this your next investment opportunity!
Location
State IN
County La Porte
Interior
Interior Features Eat-in Kitchen, High Ceilings
Heating Forced Air
Fireplace N
Appliance None
Exterior
View Y/N true
View true
Building
Lot Description Rectangular Lot
Story Two
Others
Tax ID 460128483019000022
Acceptable Financing NRA20260621142141100018000000
Listing Terms NRA20260621142141100018000000
Pets Allowed Yes
Listed by @properties/Christie's Intl RE • Erica Miller
Nearby Locations
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