USAINMichigan CitySanborns 4Th Add205 E Garfield St
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$299,900

For Sale

10 days ago

205 E Garfield St, Michigan City, IN

Condo

MLS® 843245

4 Bed

5 Bath

3120 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3120 sqft
Garage 
HOA Fees 
Taxes $3,972
Days Active 9
Approx. Age 1968
Avg. Price Per Sqft $96
MLS® Number 843245

Property Address: 205 E Garfield St, Michigan City, IN, 46360-5477

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

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.
MLS® Number843245
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1968
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 31, 2026List Date
$299,900List Price
  • Commute

Commute

Starting Address
Destination Address
205 E Garfield St, Michigan City, IN

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