High-ROI Turnkey Two-Unit Property – Michigan City, INThis fully gut-rehabbed two-unit property is a prime opportunity for investors looking for immediate returns with minimal maintenance. No expense has been spared in the remodel, ensuring years of hassle-free ownership and strong cash flow.Each apartment is designed to feel like a high-end condo unit, appealing to both long-term tenants and short-term rental guests. The first-floor unit offers a private porch and bedroom fireplace, while the upper unit is vacant and ready to generate income as a short-term rental or annual lease at 1,700/month.The expertly crafted Hardie plank siding, thoughtful landscaping, and private backyard reduce future maintenance costs and boost tenant appeal. Located steps from Michigan City’s historic district and the new train station, this property is perfectly positioned to benefit from rising demand and increasing property values in this growing market.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA827303
Price : $475,000
Bedrooms : 4
Rooms : 10
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1920
Lot Area : 5,300 Sqft
Status : Active
Acres : 0.1217
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air, Natural Gas
Basement : Yes
Pet Policy : Yes
Fireplace : Yes
Parking : Off Street
Exterior Features : Balcony, Private Yard
Interior Features : Ceiling Fan(s), Granite Counters, Recessed Lighting, Open Floorplan, Kitchen Island
Appliances
Appliances : Microwave, Refrigerator, Dishwasher, Gas Range, Stainless Steel Appliance(s), Gas Water Heater
Address Map
Country : US
State : IN
County : La Porte
City : Michigan City
Street : 10th
Street Number : 215
Street Suffix : Street
Postal Code : 46360
Floor Number : 0
Longitude : W87° 5' 54.2''
Latitude : N41° 42' 42.3''
Directions : Franklin street to 10th then west to property