Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14
listing
1 of 14
CommercialFor Sale
$1,995,000
223 Springland Avenue
Michigan City, IN 46360
Courtesy of Re/max Lifestyles
MLS: Northwest Indiana REALTORS® Association Multiple Listing Service
13,897Sq Ft
Est. Mortgage
$10,398/mo

Unique opportunity to acquire a turnkey single family investment home collection in the energized Lake Michigan community of Michigan City, Indiana. Currently going through transformative redevelopment projects related to the shoreline and the South Shore double tracking project, Michigan City is seeing great interest and investment, to the tune of hundreds of millions in new projects. This downtown housing collection offers an investor a turnkey opportunity to get a 9.1 CAP on the investment. Currently consists of 14 homes ready for your ownership. Tenants pay all utilities. Laundry machines are not included in the sale, but most kitchen appliances are. Out of respect to our seller and tenants, only qualified buyers with POF and signed NDA may receive list of properties and property rent roll.

Get in touch
Compliance Image
Listing information © 2024 Northwest Indiana REALTORS® Association Multiple Listing Service. Listing courtesy of Re/max Lifestyles
Community / School Information