205 E Garfield ST, Michigan City, IN 46360
205 E Garfield ST, Michigan City, IN 46360
205 E Garfield ST, Michigan City, IN 46360
14
See all 14 photos
$299,900
Est. payment /mo
Save
4 Beds
5 Baths
5,073 SqFt
New

205 E Garfield ST Michigan City, IN 46360

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Gus Morquecho

Gus Morquecho

+1(219) 308-2266

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,073 sqft

Price per Sqft $59

Subdivision Sanborns 4Th Add

MLS Listing ID 843245

Bedrooms 4

Full Baths 5

HOA Y/N No

Year Built 1968

Annual Tax Amount $3,972

Tax Year 2024

Lot Size 5,074 Sqft

Acres 0.1165

Property Sub-Type Apartment

Property Description

Excellent opportunity to add a versatile mixed-use investment property to your portfolio. This income-producing property features four two-bedroom residential units along with one (1) commercial space, offering multiple income streams in a convenient Michigan City location. The property is currently generating over 2,500 per month in rental income. All residential units are occupied on verbal month-to-month rental agreements, providing flexibility for future management and leasing strategies. The commercail space is vacant and is awaiting your next project. Conveniently located in the 46360 area of Michigan City, the property is situated just off a public bus route and offers easy access to many of the area's amenities. Enjoy proximity to Lake Michigan's shoreline and beaches, shopping, dining, entertainment, the casino, and rail service, making this a desirable location for both residential and commercial tenants. Whether you're expanding your investment portfolio or seeking a mixed-use property with immediate cash flow and future potential, this property presents an outstanding opportunity. Buyer to verify all measurements, rental information, zoning, and permitted uses. Michigan City is short term rental friendly.

Location

State IN

County La Porte

Interior

Interior Features None

Heating Natural Gas

Fireplace N

Appliance Range, Refrigerator

Exterior

Parking Features On Street, Off Street

View Y/N true

View City, Neighborhood

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 460133305005000022

Acceptable Financing NRA20260731184803363978000000

Listing Terms NRA20260731184803363978000000

Pets Allowed No

Listed by Century 21 Circle • Eric Frageman

Nearby Locations

GET MORE INFORMATION

Gus Morquecho

Gus Morquecho

Broker Associate | License ID: RB140551680

+1(219) 308-2266

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Gus Morquecho, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

205 E Garfield ST