121 E 11th St
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121 E 11th St
4 Unit Apartment Building $489,000 ($122,250/Unit) Michigan City, IN 46360
Investment Highlights
- Near new train station
- Freshly updated
Executive Summary
Beautifully updated and move-in ready 4-flat with easy access to the South Shore, Uptown Arts District and a bike ride away from the beach! This is an outstanding investment opportunity in the heart of Michigan City! This freshly updated 4-unit building offers new roof, siding, insulation & landscaping in 2024, new sewer/water lines in 2022. All units have separate gas/electric meters. Apt 1: 1br/1ba, new drywall, paint, vinyl flooring, newer windows, updated kitchen and bath. Apt 2: 1br/1ba, has new drywall, paint, updated kitchen, upgraded plumbing and lighting. Apt 3: 1br/1ba has new drywall, paint, vinyl flooring, updated kitchen, new appliances, updated bath, new water heater. Apt 4: studio, has new drywall, paint, vinyl flooring, updated kitchen and 10x12 deck, large bath with tile shower, new water heater. Units 1&2 on first floor. Units 3&4 are upstairs and separated by double lock original beautiful French doors and can be opened to make one 2br/2ba unit. Shared entry with room to store bikes, South Shore station across the street! Off-street parking for 6 cars.
Property Facts
| Price | $489,000 | Apartment Style | Single Family Home |
| Price Per Unit | $122,250 | Building Size | 2,908 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $489,000 |
| Price Per Unit | $122,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Size | 2,908 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2024 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Washer/Dryer
Site Amenities
- Bicycle Storage
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 1+1 | 1 | - | - |
| 1+1 | 1 | - | - |
| Studios | 1 | - | - |
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Walk Score ®
Very Walkable (86)
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121 E 11th St
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