1301 Pennsylvania ST, Gary, IN 46407
$400,000
Est. payment /mo
Save
3,484 SqFt
Active

1301 Pennsylvania ST Gary, IN 46407

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,484 sqft

Price per Sqft $114

Subdivision Gary Land Companys 10

MLS Listing ID 845911

HOA Y/N No

Year Built 1927

Annual Tax Amount $4,723

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Apartment

Property Description

Great Investment Opportunity. This beautiful SIX- UNIT property presents a compelling opportunity to acquire a stabilized, income-producing asset. The property features six functional units designed for long-term tenancy: 3 one-bedroom units, 2 two-bedroom units, 1 three-bedroom unit, 5 of 6 units are currently occupied, providing an immediate income stream for investors. The property is conveniently located near numerous amenities, including casinos (East Chicago, Gary) and Garys' RailCats Stadium, Greyhound bus station and Southshore Rail lines, Skyway, and I-94, providing convenient access to transportation and surrounding areas. Showings require 48 hours' notice.

Location

State IN

County Lake

Rooms

Basement Unfinished

Interior

Interior Features Eat-in Kitchen

Heating Forced Air, Natural Gas

Fireplace N

Appliance Electric Range, Refrigerator, Gas Range

Exterior

Exterior Feature Lighting

Pool None

View Y/N true

View Neighborhood

Building

Lot Description Corner Lot

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 450810158001000004

Security Features Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)

Acceptable Financing NRA20260924213924313044000000

Listing Terms NRA20260924213924313044000000

Pets Allowed Call

Listed by McColly Real Estate • Mary Aaron

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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1301 Pennsylvania ST