105 Hancock Ave, Michigan City, IN

Name: 105 Hancock Ave, For Sale in Michigan City - Zoocasa
Brand: RE/MAX Lifestyles
SKU: 817470
Price: 149000 USD

House

For Sale

Listed price in listed location currency (USD).

$149,000

510

MLS® 817470

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 1727 sqft

Garage

Taxes $1,332

Days Active 414

Lot Size

Approx. Age 1889

Avg. Price Per Sqft $86

MLS® Number 817470

Property Address: 105 Hancock Ave, Michigan City, IN, 46360-3943

Average square foot calculated using Size range provided by listing agent.

Description

Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1, 700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation. Showings are available Saturdays at 11:00 AM and Tuesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment.

MLS® Number817470

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1889

BasementCrawl Space

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Laundry:6.11 × 11.3 ft

Living Room:13.8 × 14.8 ft

Bedroom 4:12.11 × 13.9 ft

Other:11.9 × 14 ft

Bedroom 5:10.2 × 14.8 ft

Other:7.4 × 19.4 ft

Bedroom 2:6.1 × 11.5 ft

Kitchen:10 × 12 ft

Bedroom 3:10.9 × 12.1 ft

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 14, 2025List Date

$149,000List Price

Map

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