715 W Ashland Street, Michigan City, IN 46360

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$797,000

bedrooms

bathrooms

square feet

5,773

Acreage

1.21

Open Houses

year built

1910

Full Baths

Half Baths

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Unique opportunity to acquire a turnkey single family investment home collection in the energized Lake Michigan community of Michigan City, Indiana. Currently going through transformative redevelopment projects related to the shoreline and the South Shore double-tracking project, Michigan City is seeing great interest and investment, to the tune of hundreds of millions in new projects. This downtown housing collection offers an investor a turnkey opportunity to get a 9.1 CAP on the investment. Currently consists of 5 homes & 1 lot ready for your ownership. Tenants pay all utilities. Laundry machines are not included in the sale, but most kitchen appliances are. Out of respect to our seller and tenants, only qualified buyers with POF and signed NDA may receive list of properties and property rent roll.

Location
Subdivision	Orr & Cobbs Add
County	La Porte
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 518862

Listing agent: Matt Evans #RB14034485

Listing broker: Nwi Pro Services Inc. Dba Re/Max Lifestyles (219) 241-8401

Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 2 2025 at 3:48 p.m. EST

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