Located just south of Springland and southwest of Pottowattamie Park and Golf Club, invest in this 1736 SF 3 bedroom home.. Large living room with wood floor, good sized kitchen with low maintenance vinyl tile. Hickory hardwood flooring through all the upstairs bedrooms. Sheet vinyl linoleum in both the main floor and upstairs bathrooms. Unfinished basement houses the mechanicals. Good off street parking. Newer composite deck, and enclosed front porch. Nice proven investment property. 9.1% CAP rate over current expenses. Current lease brings in $1,300/month currently, then $1,400 beginning Sept, 2024 . Lease runs thru August 31, 2025 but there is a 30 day cancellation right. Sale to be as-is, no seller repairs. Possession is sold subject to Tenant's Rights Range/oven and washer & dryer are tenants and are excluded from sale. Tours only Tues & Sat, limited times. Setup your tour soon!
Type | School name | District name |
---|---|---|
Elementary | Not available | Michigan City |
High | Michigan City High School | Michigan City |
Juniorhigh | Not available | Michigan City |
Middle | Not available | Michigan City |
Year | Tax amount | |
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2023 | USD $1478 | THB ฿50,867* |
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Property ID: 110090609288