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Listed price in listed location currency (USD).
$149,000

510

MLS® 817470

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1727 sqft
Garage No
Taxes $1,296
Days Active 283
Lot Size 0.1435 acres
Approx. Age 1889
Avg. Price Per Sqft $86
MLS® Number 817470

Property Address: 105 Hancock Ave, Michigan City, IN, 46360-3943

Average square foot calculated using Size range provided by listing agent.

Description

With over 1700 SF this 5 bedroom 1 bathroom home is being sold as an investment property with long term tenant in place! CAP rate for investor at 8.1, with great upside potential. Current tenant has been there many years, so lease rate considers that loyalty. 2 bedrooms on the main floor, plus another 3 bedrooms upstairs. Main floor bath and laundry room. Enclosed front porch and back entryway. Current lease thru March 31, 2026. Tenant pays utility bills, landlord pays taxes and insurance. Park your investment in the economically developing Michigan City area near the Lake Michigan shoreline. By Appt ONLY. Schedule your in-person or virtual tour today, times slots available are SATs at 11 am and TUESs at 4 pm out of respect to Tenant.
MLS® Number817470
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1435
Exterior
GarageNo
Approx. Age1889
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:10 × 12 ft
Other:11.9 × 14 ft
Other:7.4 × 19.4 ft
Bedroom 5:10.2 × 14.8 ft
Bedroom 2:6.1 × 11.5 ft
Bedroom 4:12.11 × 13.9 ft
Laundry:6.11 × 11.3 ft
Bedroom 3:10.9 × 12.1 ft
Living Room:13.8 × 14.8 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 14, 2025List Date
$149,000List Price
  • Commute

Commute

Starting Address
Destination Address
105 Hancock Ave, Michigan City, IN

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