111 S Porter ST, Michigan City, IN 46360
111 S Porter ST, Michigan City, IN 46360
111 S Porter ST, Michigan City, IN 46360
8
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$159,000
Est. payment /mo
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6 Beds
3 Baths
10,890 SqFt
Price Dropped by $10K

111 S Porter ST Michigan City, IN 46360

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,890 sqft

Price per Sqft $14

Subdivision Cheneys Sub

MLS Listing ID 839462

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,322

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Triplex

Property Description

MOTIVATED SELLER! Three-unit multi-family property featuring two occupied units currently occupied. Unit 1-900 a month, unit 3- 700 a month each. With a little TLC the rent amount can increase to 1,000 per unit. The third unit is vacant and ready for rehab, offering immediate value-add opportunity and increase rental income potential. Major improvements have already been completed, including a new gutters, new roof, new siding, new windows for all units, new hot water heaters in two units, minimizing large upfront expenses for the next owner. Rents are below market value and could exceed 1,100 with some TLC.

Location

State IN

County La Porte

Rooms

Basement Unfinished

Interior

Interior Features None

Heating Forced Air

Fireplace N

Appliance Gas Range, Refrigerator

Exterior

Parking Features Driveway, Gravel

View Y/N true

Building

Lot Description Back Yard, Private

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 460128458017000022

Acceptable Financing NRA20260523144443811114000000

Listing Terms NRA20260523144443811114000000

Pets Allowed Yes

Listed by @properties/Christie's Intl RE • Heather Conley

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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111 S Porter ST