217 Charles ST Pending

Michigan City,IN 46360

$ 305000

4 Beds

4 Baths

4950 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,950 sqft

Price per Sqft $61

Subdivision Land Companys Add

MLS Listing ID 822588

Bedrooms 4

Full Baths 4

Year Built 1870

Annual Tax Amount $3,844

Tax Year 2024

Lot Size 4,948 Sqft

Acres 0.1136

Property Sub-Type Quadruplex

Property Description

This four-unit investment property underwent a comprehensive renovation in 2017. Notable updates include new furnaces (five), air conditioning units (four), hot water heaters, plumbing, siding, windows, kitchen renovations, bathroom remodels, and paint. Two lower units are currently occupied by tenants, while the two upper units are fully furnished and turn-key, serving as Airbnb units.If you are considering purchasing a home for personal use and seeking to have your mortgage paid for, you can occupy one unit and rent the remaining three units as income-generating properties. The property is conveniently located near the arts district, Washington Park Beach is just over a mile away, outlet shopping is less than a mile away, and the new double rail train station is also less than a mile from the property. Additionally, there are four off-street parking spaces and on-street parking available.

Location

State IN

County La Porte

Interior

Interior Features Eat-in Kitchen

Heating Forced Air,Unit Control,Natural Gas

Fireplace N

Appliance Refrigerator

Exterior

Exterior Feature Rain Gutters

View Y/N true

View true

Building

Lot Description Front Yard,Rectangular Lot,Near Public Transit

Story Two

Schools

School District Michigan City

Others

Tax ID 460132235008000022

SqFt Source Assessor

Acceptable Financing NRA20250611175601922987000000

Listing Terms NRA20250611175601922987000000

Pets Allowed No

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