1301 Pennsylvania ST, Gary, IN 46407
$400,000
Est. payment /mo
Save
6,435 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 Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,435 sqft

Price per Sqft $62

Subdivision Gary Land Companys 10

MLS Listing ID 845915

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 Multi Family

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, 4 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) , 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. A great opportunity for 1st time investor. Property being Sold AS-IS

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

Parking Features On Street

View Y/N true

View Neighborhood

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Tax ID 450810158001000004

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

Acceptable Financing NRA20260925191349249928000000

Listing Terms NRA20260925191349249928000000

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