1014 Michigan Ave, LaPorte IN 46350 Photo 1 1014 Michigan Ave, LaPorte IN 46350 Photo 2 1014 Michigan Ave, LaPorte IN 46350 Photo 3 1014 Michigan Ave, LaPorte IN 46350 Photo 4 1014 Michigan Ave, LaPorte IN 46350 Photo 5 1014 Michigan Ave, LaPorte IN 46350 Photo 6 1014 Michigan Ave, LaPorte IN 46350 Photo 7 1014 Michigan Ave, LaPorte IN 46350 Photo 8 1014 Michigan Ave, LaPorte IN 46350 Photo 9 1014 Michigan Ave, LaPorte IN 46350 Photo 10 1014 Michigan Ave, LaPorte IN 46350 Photo 11 1014 Michigan Ave, LaPorte IN 46350 Photo 12 1014 Michigan Ave, LaPorte IN 46350 Photo 13 1014 Michigan Ave, LaPorte IN 46350 Photo 14 1014 Michigan Ave, LaPorte IN 46350 Photo 15 1014 Michigan Ave, LaPorte IN 46350 Photo 16 1014 Michigan Ave, LaPorte IN 46350 Photo 17 1014 Michigan Ave, LaPorte IN 46350 Photo 18 1014 Michigan Ave, LaPorte IN 46350 Photo 19
Listing Courtesy of Mccolly Real Estate

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1014 Michigan Ave - Beautiful 1880 Victorian.Complete turnkey.Fully rented on annual leases w/ $20,000+ annual return .Opportunity exists for increasing that return.Deposits received from tenants. it's rarely vacant.Current owner states receiving a steady flow of interest for 15 yrs.So tenants line up for this place.Unique Victorian wood-work invites prospective tenants.Located 1 block north of police dpt & 4 blocks to downtown on Michigan Ave. Recent major repairs completed include: New Roof - 2011, new flat roofs - 2013,100 year exterior warranty paint in 2010, reinforced & reconstructed foundational walls in 2013.Gas forced air furnace supplies heat to all units. It's controlled through a password-protected thermostat accessed by the landlord.Pets are permitted if in the lease.Private parking for tenants in the rear. Fantastic for first time and experienced investors as it's a beautiful addition to a portfolio.Pics taken when vacant to convey the beauty of property.

Listing information

  • MLS® ID: 398316
  • Beds: 4
  • Total Rooms: 14
  • Foreclosure: No
  • Estimated Annual Taxes: $1,500
  • Style: Income
  • Baths: 4 (Full: 4 3/4: 0 1/2: 0 Other: 0)
  • Parking Type Description: Off Street 0 cars
  • Total Square Footage: 2,666 ($52.51 per sq. foot)
  • Subdivision: None
  • Year Built: 1880
  • Status: Active
  • New Construction: No
  • Lot Area: 0.21

Features

Basement Yes
Garage Description Off Street Parking
Municipal Water Yes
Other # of Apts. - 4, # of Units - 4, Lot Square Footage - 8954.00, Sewer - 288, Total Baths - 4, Water - 288, Zoning - Residential
Property Subtype 1 Income Property
Sewer Yes
Listing Courtesy of Mccolly Real Estate