Gary, IN 46407,1541 Massachusetts ST
Gary, IN 46407,1541 Massachusetts ST
Gary, IN 46407,1541 Massachusetts ST
3
$32,000
$30,000
6.7%
Est.Price: ?

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12 BD
6 BA
3,136 SqFt

1541 Massachusetts ST Gary, IN 46407

Est. payment /mo
SOLD DATE : 06/18/2025

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Key Details

Sold Price $32,000

Property Type Single Family Home

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $10

Subdivision Broadway Add

MLS Listing ID 820667

Sold Date 06/18/25

Bedrooms 12

Full Baths 6

Year Built 1917

Annual Tax Amount $717

Tax Year 2024

Lot Size 3,136 Sqft

Acres 0.072

Property Sub-Type Apartment

Property Description

Investor Special! Unlock the Potential in This Multi-Unit OpportunityCalling all savvy investors and visionaries! This building offers a rare chance to restore and reimagine a property with incredible income potential. Zoned for multi-family use, it can potentially accommodate up to 6 rental units--making it a high-yield asset once renovated.With the right updates, layout, and vision, this could be transformed into a cash-flowing investment in a market where rental demand continues to grow. Gary is continuing to redevelop with increased property values and restored homes on the rise every month with the help of the Gary Revitalization Program and other local investors. Now is your chance to acquire an investment property in this highly sought after neighborhood before it's too late!Whether you're looking to flip, hold and rent, or develop, this is your chance to bring new life to a building with solid bones and promising returns. Schedule your showing today!

Location

State IN

County Lake

Interior

Interior Features None

Heating None

Fireplace N

Appliance None

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description Back Yard, Corner Lot

Story Other

Others

Tax ID 450810302007000004

Acceptable Financing NRA20250513193336755526000000

Listing Terms NRA20250513193336755526000000

Financing Cash

Pets Allowed Yes

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Listed by @properties/Christie's Intl RE
Bought with @properties/Christie's Intl RE

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agent

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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