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2622 Buffalo Street, Michigan City, IN 46360

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2622 Buffalo Street, Michigan City, IN 46360
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Comments for 2622 Buffalo Street, Michigan City, IN 46360

What an incredible investor opportunity with a collection of 30 SF homes and 3 duplexes, almost fully occupied, in Michigan City, Indiana. Homes are in a variety of conditions and arrangements, with 2 to 3 BRs + 1 BA. The duplexes offer 1 BR + 1 BA per unit. Average rents per housing unit are in the range of $500 to $700 per. These homes are slab on grade, simple construction from the 1950s. Extremely long rental histories, with many long term tenants. Properties are spread around Buffalo, Manhattan, Ruby, Carroll, Davidson, Del Plain, Highland, and Walton Streets. Only the few vacant units will be shown without LOI or offer. Listing is being sold AS-IS. Terms are cash or commercial loan and likely require 30-40% down depending on lender. Seller financing is not available. Qualified, serious investors only. Only 2 properties will be shown. Offers may be made subject to Buyer's personal tour of properties after acceptance. Subject to Tenant's Rights. Seller is a licensed agent.

$2,190,000.00

Estimated Monthly Payment: $9,830.89 (including taxes & insurance estimates)

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Property Details

City: Michigan CityProperty Type: Commercial - Business
Lot Size: 4.85 AcresStatus: Active
Square Feet: 26905Year Built: 1953
MLS#: 515082 

Property Features

Property Type: Commercial - BusinessLot Size: 4.85 Acres
Days on Site: 99Sewer: San. Sewer on Site
Fuel Type: Electricity on Site, Gas on SiteWater: Water Municipal
Heating: Forced AirYear Built: 1953
Lot Dimensions: 0 

Listed By

Agency Name: RE/MAX Lifestyles

Shown By

Agency Title: Ginter Realty, Inc.
Agency Phone: (219) 942-1141

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