Michigan City - Beach Property For Sale #4698878

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!