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Address
116 N Lake Avenue Michigan City, IN
Price
$ 829,000
Property Attributes
  • MLS#437997
  • TypeMulti-Family
  • CountyLAPORTE
  • CityMichigan City
  • NeighborhoodSheridan Beach Park Add
  • Zip46360
  • StyleIncome Property
  • Price$ 829,000
  • Bedrooms8
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size3,350 SqFt
Listing Provided Courtesy Of:
Ruth Conner with @properties
Property Description

A rare opportunity to own a completely rehabbed (down to the studs!) property in Sheridan Beach just 100 feet from the beach access. This massive duplex, which is more like two town homes that have 4 bedrooms and 3 baths each. Gross rental revenue is $100,000+. 21 x 20 roof top deck on each side with built in wet bar & wine fridge. Charming finishing touches straight from your favorite HGTV home decorating show such as shiplap walls, and built in bunks with nautical lights. This property cannot be duplicated on the beach. Zoning, and cost, prohibit the development of a like property. Own your beach house for free and rent out the other side.

Price History
3/12/2019 Listed $829,000

General Features

Property SubType Income Property
Property Type Multi Unit/Income
Subdivision Name Sheridan Beach Park Add
Transaction Type Sale
Year Built 1961

Interior Features

Basement No
Living Area 3600.00
Total Bedrooms 8

Exterior Features

Bathrooms 6.00
Garage Spaces 0.0
Lot Size Square Feet 3350.00
Municipal Water Yes
Septic No
Sewer Yes
Well No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46360

Price
AVG $210K
$830K
Visits
AVG 26
138
Year Built
AVG 1916
1961
Walkscore
AVG 60
13
Data Provided by Walkscore ® not using MLS data

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