105 Hancock Avenue, Michigan City, IN 46360

Local realty services provided by:Better Homes and Gardens Real Estate Connections
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Listed by:matt evans
Office:re/max lifestyles
MLS#:817470
Source:Northwest Indiana AOR as distributed by MLS GRID
105 Hancock Avenue,Michigan City, IN 46360
$149,000
  • 5 Beds
  • 1 Baths
  • 1,727 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$149,000
  • Price per sq. ft.:$86.28

About this home

With over 1700 SF this 5 bedroom 1 bathroom home is being sold as an investment property with long term tenant in place! CAP rate for investor at 8.1, with great upside potential. Current tenant has been there many years, so lease rate considers that loyalty. 2 bedrooms on the main floor, plus another 3 bedrooms upstairs. Main floor bath and laundry room. Enclosed front porch and back entryway. Current lease thru March 31, 2026. Tenant pays utility bills, landlord pays taxes and insurance. Park your investment in the economically developing Michigan City area near the Lake Michigan shoreline. By Appt ONLY. Schedule your in-person or virtual tour today, times slots available are SATs at 11 am and TUESs at 4 pm out of respect to Tenant.

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Home facts

  • Year built:1889
  • Listing Id #:817470
  • Added:153 day(s) ago
  • Updated:June 27, 2025 at 02:44 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,727 sq. ft.

Structure and exterior

  • Year built:1889
  • Building area:1,727 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$149,000
  • Price per sq. ft.:$86.28
  • Tax amount:$1,296 (2023)
Based on information submitted to the MLS GRID as of June 27, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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