39
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$1,160,000
Est. payment /mo
9,246 SqFt
Price Dropped by $100K
205 Michigan AVE Valparaiso, IN 46383
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,246 sqft
Price per Sqft $125
Subdivision Valparaiso
MLS Listing ID 839221
Year Built 1920
Annual Tax Amount $14,337
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Property Description
Discover an exceptional investment opportunity with this charming, well-maintained 9 unit multifamily property. This building blends classic character and craftsmanship with thoughtful updates, creating a desirable living environment for tenants and a turnkey opportunity for investors. This property features a diverse unit mix ranging from studio to 3 bedroom apartments in the heart of Valparaiso. Situated in a convenient location near shopping, dining, and transportation this building has had a history of stable occupancy. Whether you're looking to expand your portfolio or seeking a reliable income-producing asset, this 9-unit property offers an ideal combination of charm and long-term growth potential. *Landlord pays for water & heat.
Location
State IN
County Porter
Interior
Heating Other
Fireplace N
Exterior
View Y/N true
View true
Others
Tax ID 640924331005000004
Acceptable Financing NRA20260519212115026355000000
Listing Terms NRA20260519212115026355000000
Listed by Evolution Real Estate Solution • Madison Jirtle
NEARBY SCHOOL & BUSINESS
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