Residential Income For Sale

1301 Pennsylvania Street, Gary, Indiana

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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 and It is also close to the 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 investors seeking a fully occupied, income-producing multiunit property.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA845911
Price : $400,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1927
Lot Area : 3,484 Sqft
Status : Active
Acres : 0.08
Property Subtype 1 : Apartment
Status : Active
Features
Heating System : Forced Air, Natural Gas
Basement : Yes
Pet Policy : Call
Exterior Features : Lighting
Interior Features : Eat-in Kitchen
Appliances
Appliances : Refrigerator, Electric Range, Gas Range
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Pennsylvania
Street Number : 1301
Street Suffix : Street
Postal Code : 46407
Floor Number : 0
Longitude : W88° 40' 1.3''
Latitude : N41° 35' 23.6''
Directions : Take Broadway south to 13th Ave, turn right onto 13th to Pennsylvania
Subdivision : Gary Land Companys 10
Township : Calumet
MLS Addon
Office Name : McColly Real Estate
Listing Agent MLS ID : NRA11908
Listing Office MLS ID : NRA102
Annual Tax Amount : $4,723
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential Income For Sale
  • Listing ID : NRA845911
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 3,484 Sqft
$400,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent