1701 Franklin Street

Michigan City, IN
$ 295,000 Beds 5 Baths 0 Sq 5,964 Virtual Tour
Monthly Estimate* How much can I afford?

Great Investment Property. This amazing opportunity is available on Franklin Street. Gorgeous building with 2 apartments upstairs and great spaces. The 3 bedroom apartment has lovely exposed brick walls, and the 2 bedroom apartment has a stately feel. Original Hardwood floors in each unit, plus their own laundry room. Each unit rents for $800/month. Downstairs is a new restaurant opening soon with a lease for $1,000/month through November 2021, then $1,400/month through November 2022. WOW... can't beat this deal!

Multi-Family

  • Price
  • $ 295,000
  • Lot Size
  • 4,655 SqFt
  • Bedrooms
  • 5
  • Sqr Footage
  • 5,964
  • Full Bathrooms
  • 0
  • Year Built
  • 1905
  • Half Bathrooms
  • 0
  • City, Zip
  • Michigan City
  • County
  • LAPORTE
  • Style
  • Income Property
  • Area
  • MLS#
  • 488269
  • Zip
  • 46360
Listing Provided by: Line Mullins with Coldwell Banker Realty
Data Source: Greater Northwest Indiana Association of REALTORS

Features

General

Exterior Features Brick
Garage Spaces 0.0
Property SubType Income Property
Property Type Multi Unit/Income
Subdivision Name Recorded Plat/Land Companys
Transaction Type Sale
Year Built 1905

Interior Features

Basement Y/N Yes
Living Area 5964.00
Total Bedrooms 5

Exterior Features

Bathrooms 5.00
Lot Size Square Feet 4655.00
Municipal Water Yes
Septic No
Well No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/10/2021 Listed $295,000

Property vs Zip Code Average in 46360

Price
AVG $250K
$300K
Visits
AVG 15
30
Year Built
AVG 1907
1905
Walkscore
AVG 72
88
Data Provided by Walkscore ® not using MLS data

Map

1701 Franklin Street Michigan City, IN is a Single Family Home for sale at $295000 with 5964 sqft and a lot size of 4,655 SqFt Acre(s). 1701 Franklin Street Michigan City has 5 bedrooms, 0 baths and was built in 1905. The property's zip code is 46360 which is in Michigan City, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.