105 Hancock Avenue, Michigan City, IN 46360

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$154,000

bedrooms

bathrooms

square feet

1,727

Acreage

0.1435

Open Houses

year built

1889

Full Baths

Half Baths

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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.

Location
Subdivision	N/A
County	La Porte
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 817470

Listing agent: Matt Evans #RB14034485

Listing broker: Nwi Pro Services Inc. Dba Re/Max Lifestyles (219) 241-8401

Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, April 12 2025 at 10:16 a.m. EDT

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