Turnkey income-producing property in Michigan City! This newly updated 3-bedroom, 1.5-bath home offers immediate cash flow, currently rented at 1,500 per month. Featuring over 1,500 square feet of living space, the home has been recently rehabbed with major improvements already completed, making it a low-maintenance addition to any investor’s portfolio. The layout includes a full bath upstairs and a convenient half bath on the main level, with spacious living areas and plenty of natural light throughout. Built on solid bones with modern updates, this property provides both stability and long-term upside. Located in an established Michigan City neighborhood with easy access to local amenities, this is an ideal opportunity for investors seeking steady rental income or buyers looking to expand their portfolio with a move-in-ready asset. Choice Home warranty covers everything including appliances, HVAC, Hot water heater, and plumbing until Nov 25th 2027
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NRA837225
Price : $209,000
Bedrooms : 3
Rooms : 6
Bathrooms : 2
Half Bathrooms : 1
Square Footage : 1,587 Sqft
Year Built : 1905
Lot Area : 5,662.80 Sqft
Status : Active
Acres : 0.13
Property Subtype 1 : Single Family Residence
Status : Active
Features
Heating System : Forced Air
Basement : Yes
Parking : On Street
Interior Features : Ceiling Fan(s), Recessed Lighting
Appliances
Appliances : Refrigerator, Gas Range
Address Map
Country : US
State : IN
County : La Porte
City : Michigan City
Street : Dewey
Street Number : 118
Street Suffix : Street
Postal Code : 46360
Floor Number : 0
Longitude : W87° 7' 27.5''
Latitude : N41° 42' 34.7''
Directions : Going West on Michigan Blvd make a right turn onto Dewey St, the home is located on the left side