Beautiful 2 unit investment property in the coveted Elston Grove neighborhood. Enjoy the convienience of downtown Michigan City where you will find a variety of restaurants, the new South Shore commuter train station and all the activities of a vibrant downtown district. Just a short distance to Lake Michigan beaches. Roof and decking were newly remodeled in October 2022/ Separate gas & electric meters. Upstairs apartment recently remodeled, move in ready and management company is interviewing for tenants. 1st floor tenants lease runs through 2/28/2027

5 Beds ⋅ 2 Baths

Beautiful 2 unit investment property in the coveted Elston Grove neighborhood. Enjoy the convienience of downtown Michigan City where you will find a variety of restaurants, the new South Shore commuter train station and all the activities of a vibrant downtown district. Just a short distance to Lake Michigan beaches. Roof and decking were newly remodeled in October 2022/ Separate gas & electric meters. Upstairs apartment recently remodeled, move in ready and management company is interviewing for tenants. 1st floor tenants lease runs through 2/28/2027

424 E 10th Street, Michigan City

$274,900

Excellent opportunity to add a versatile mixed-use investment property to your portfolio. This income-producing property features four two-bedroom residential units along with one (1) commercial space, offering multiple income streams in a convenient Michigan City location. The property is currently generating over 2,500 per month in rental income. All residential units are occupied on verbal month-to-month rental agreements, providing flexibility for future management and leasing strategies. The commercail space is vacant and is awaiting your next project. Conveniently located in the 46360 area of Michigan City, the property is situated just off a public bus route and offers easy access to many of the area's amenities. Enjoy proximity to Lake Michigan's shoreline and beaches, shopping, dining, entertainment, the casino, and rail service, making this a desirable location for both residential and commercial tenants. Whether you're expanding your investment portfolio or seeking a mixed-use property with immediate cash flow and future potential, this property presents an outstanding opportunity. Buyer to verify all measurements, rental information, zoning, and permitted uses. Michigan City is short term rental friendly.

4 Beds ⋅ 5 Baths

Excellent opportunity to add a versatile mixed-use investment property to your portfolio. This income-producing property features four two-bedroom residential units along with one (1) commercial space, offering multiple income streams in a convenient Michigan City location. The property is currently generating over 2,500 per month in rental income. All residential units are occupied on verbal month-to-month rental agreements, providing flexibility for future management and leasing strategies. The commercail space is vacant and is awaiting your next project. Conveniently located in the 46360 area of Michigan City, the property is situated just off a public bus route and offers easy access to many of the area's amenities. Enjoy proximity to Lake Michigan's shoreline and beaches, shopping, dining, entertainment, the casino, and rail service, making this a desirable location for both residential and commercial tenants. Whether you're expanding your investment portfolio or seeking a mixed-use property with immediate cash flow and future potential, this property presents an outstanding opportunity. Buyer to verify all measurements, rental information, zoning, and permitted uses. Michigan City is short term rental friendly.

205 E Garfield Street, Michigan City

$275,000

Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2,000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone.Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

3 Beds ⋅ 2 Baths

Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2,000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone.Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

1407 Franklin Street, Michigan City

$189,900

Turnkey Two-Flat Property nestled on a generous corner lot in the heart of Michigan City. This income-producing property features 2 spacious units (3 bed 1 bath & 2 Bed 1 Bath). Property is centrally located near the outlet mall, restaurants, Lake Michigan and the beach as well as everything that Michigan City has to offer. This is a great opportunity to own a rarely available two-flat and either be an owner occupant or add to your rental portfolio. Definitely make it a point to come see this one today before its gone!

5 Beds ⋅ 2 Baths

Turnkey Two-Flat Property nestled on a generous corner lot in the heart of Michigan City. This income-producing property features 2 spacious units (3 bed 1 bath & 2 Bed 1 Bath). Property is centrally located near the outlet mall, restaurants, Lake Michigan and the beach as well as everything that Michigan City has to offer. This is a great opportunity to own a rarely available two-flat and either be an owner occupant or add to your rental portfolio. Definitely make it a point to come see this one today before its gone!

902 Kentucky Street, Michigan City

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