Michigan City, IN 46360,105 Hancock AVE
Michigan City, IN 46360,105 Hancock AVE
Michigan City, IN 46360,105 Hancock AVE
20
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$149,000
Est. payment /mo
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5 Beds
1 Bath
1,727 SqFt
Active

105 Hancock AVE Michigan City, IN 46360

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,727 sqft

Price per Sqft $86

MLS Listing ID 817470

Bedrooms 5

Full Baths 1

Year Built 1889

Annual Tax Amount $1,296

Tax Year 2023

Lot Size 6,250 Sqft

Acres 0.1435

Property Sub-Type Single Family Residence

Property 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.

Location

State IN

County La Porte

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Forced Air, Natural Gas

Fireplace N

Appliance Range, Range Hood

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description Back Yard

Story One and One Half

Schools

School District Michigan City

Others

Tax ID 460131230011000022

SqFt Source Assessor

Acceptable Financing NRA20250314142244170249000000

Listing Terms NRA20250314142244170249000000


Listed by RE/MAX Lifestyles • Matt Evans

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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105 Hancock AVE