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Open 10/14 12PM-3PM

508 Wabash Street Michigan City, IN 46360

4 Beds

3 Baths

3,611 Sqft Lot

Open House

Wed Oct 14, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Elstos

MLS Listing ID 846453

Bedrooms 4

Half Baths 1

Year Built 1870

Annual Tax Amount $2,254

Tax Year 2025

Lot Size 3,611 Sqft

Property Sub-Type Duplex

Property Description

TURNKEY INVESTMENT OPPORTUNITY just blocks from Lake Michigan! Fully furnished and ready for immediate use, this unique 1870's property offers the flexibility today's investors are looking for, historic charm that sets it apart and modern convenience. You have the best of both worlds. Currently configured as two separate living spaces, the main level features 2 bedrooms and 2 bath, while the bright and sunny upper level offers 1 possible 2 bedrooms and 1 bath. Enjoy the deck surrounded by arborvitae, roses and hydrangeas. Best of all, BOTH levels are being sold completely furnished--making this a truly turnkey opportunity ready for your short term or long term rental strategy from day one. Original hardwood floors, doors and windows preserve the home's historic character, complemented by modern updates including quartz countertops and NEW appliances. Commercial zoning opens the door to additional possibilities. The location is exceptional, located directly across from the Lighthouse Place premium outlet mall and just blocks from Lake Michigan beaches, downtown dining, coffee shops, the Washington park zoo, Blue Chip casino and vibrant Arts District, with Indiana Dunes National Park nearby. Priceless location that gives visitors everything they come to Michigan city to enjoy. So many possibilities with this property: Live in one and rent the other, operate both as rentals, or explore the property's commercial potential. Furnished, flexible and positioned in the heart of Michigan City's tourism district--bring your strategy and start generating possibilities from day one!

Location

State IN

County La Porte

Rooms

Basement Full, Unfinished

Interior

Interior Features Double Vanity, Kitchen Island, Entrance Foyer

Heating Forced Air

Cooling Central Air

Flooring Hardwood, Tile

Fireplace No

Appliance Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher

Exterior

Exterior Feature Balcony, Storage, Rain Gutters, Fire Pit

Parking Features Driveway, Off Street, Detached, On Street, Garage Faces Front

Garage Spaces 1.0

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Roof Type Shingle

Building

Lot Description Back Yard, Near Public Transit, Front Yard

Schools

School District Michigan City

Others

Acceptable Financing Cash, VA Loan, Conventional

Listing Terms Cash, VA Loan, Conventional

Listed by Blackrock Real Estate Services

Indiana Homes

+1(877) 663-9366

Indiana Homes

508 Wabash Street Michigan City, IN 46360

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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508 Wabash Street

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