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, Greyhound bus station and Southshore Rail lines, Skyway, and I-94, providing convenient access to transportation and surrounding areas. Showings require 48 hours’ notice.

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 : Hessville Gardens
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