611 N Pleasant Avenue, Michigan City, IN 46360

$155,000 Asking Price

3 beds
2 baths
1,736  sqft
Built in 1901

Located just south of Springland and southwest of Pottowattamie Park and Golf Club, invest in this 1736 SF 3 bedroom home. Newer composite deck, and enclosed front porch. 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. Nice investment property. 9.1% CAP rate over current expenses. Current lease brings in $1,300/month, for a Possession is subject to Tenant's Rights. Lease runs thru August 31, 2024. Sale to be as-is, no seller repairs. Range/oven and washer & dryer are tenants and are excluded from sale. Showings only Tues & Sat, limited times. Schedule your showing soon!


Features & Amenities

Interior

General:
Other
Rooms:
Bedroom 2, Bedroom 3, Kitchen, Living Room, Primary Bedroom
Appliances:
Range Hood, Refrigerator
Basement:
Unfinished
Heating:
Natural Gas

Exterior

General:
None
Style:
Traditional
Other Structures:
Front Porch, Deck, Screened
Parking:
Driveway, Off Street

Construction

General:
Two

Location

Road/Access:
Asphalt
Originating MLS:
nira
School District:
Michigan City
County:
La Porte

Lot

Zoning:
42-01-27-302-004 RIDGELAND LT 6 & S1/2 LT 3 BLK 33, 46-01-27-302-004.000-022
View:
None

Financial

Source:
nira
Buyers Agent Compensation:
2.25

This listing courtesy of:
RE/MAX Lifestyles, Matt Evans

About Michigan City, IN

Housing

Number of Units
21,846
Median Home Value
$152,555
Median Rent
$621

33.91% of housing units are renter occupied.

16.39% are vacant.

Commute

Car
79.37%
Public Transportation
2.33%
Walk to Work
1.37%
Work from Home
15.95%
Other
0.75%

The median travel time to work is 18 minutes.

People

Population
44,423
Median Age
41.20
Median Household Size
2.48

Education

High School
37.06%
Associate’s Degree
10.37%
Bachelor’s Degree
12.31%
Graduate Degree
8.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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