$84,900
7 beds 5 baths 2 half baths
41.708900452 -86.897293091
$84,900
Est. Monthly $432 recalculate
7 beds 5 baths 2 half baths
 

1410 Franklin Street
Michigan City, IN 46360

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Multi-Family (2-4 Units) - 7 streams of income! Fix up this cash cow and start winning! Prime location on the main thoroughfare of Franklin St. Two Commercial and 5 residential units. Close to the Uptown Arts district, outlet shopping, Lake Michigan and the South Shore Line. Past leases have grossed over $3000/month. This property is a short sale and priced to sell (subject to bank approval).
MLS # 404693
Listed By CENTURY 21 Middleton Co., Inc.

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Brian Volckmann
Brian Volckmann CENTURY 21 Middleton Co., Inc.
4121 South Franklin Street
Michigan City, IN 46360
219.­874.2121
219.­874.2121
CENTURY 21 Middleton Co., Inc.
4121 South Franklin Street Michigan City, IN 46360
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Property Features

  • Style: Post-War

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $432Your estimated monthly payment
    $16,98020% Down Payment
    $84,900 $76,410
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    MARSH ELEMENTARY SCHOOL
    Grades PRESCHOOL-6 | Public School

    MICHIGAN CITY, IN 46360
    400 E HOMER ST
    219-873-2102
    0.3
    miles

    Total Students 305
    Student Teacher Ratio 19:1

    School Rating

    1 star View School Details
    Middle School
    MARTIN T KRUEGER MIDDLE SCHOOL
    Grades 7-8 | Public School

    MICHIGAN CITY, IN 46360
    2001 SPRINGLAND AVE
    219-873-2061
    2.2
    miles

    Total Students 600
    Student Teacher Ratio 12:1

    School Rating

    1 star View School Details
    High School
    MICHIGAN CITY HIGH SCHOOL
    Grades 9-12 | Public School

    MICHIGAN CITY, IN 46360
    8466 W PAHS RD
    219-873-2044
    2.6
    miles

    Total Students 1698
    Student Teacher Ratio 20:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Saint Stanislaus Kostka School 0.1 mi Catholic PRESCHOOL-8
    A K Smith Area Career Ctr 0.2 mi Public 11-12
    Marquette Catholic High School 0.3 mi Catholic 9-12
    St Paul Lutheran School 0.4 mi Private PRESCHOOL-8
    Knapp Elementary School 1.0 mi Public K-6
    Queen Of All Saints School 1.2 mi Catholic PRESCHOOL-8
    Imagination Station Child Dev Cntr 1.3 mi Private PRESCHOOL-K
    Edgewood Elementary School 1.4 mi Public K-6
    Duneland Lutheran High School 1.4 mi Private 9-12
    Lake Hills Elementary School 1.4 mi Public K-6
    Joy Elementary School 1.5 mi Public PRESCHOOL-6
    Barker Middle School 1.6 mi Public 7-8
    Jack And Jill Day Care 1.6 mi Private PRESCHOOL-K
    Vineyard Learning Center 2.3 mi Private 1-12
    Pine Elementary School 2.9 mi Public PRESCHOOL-6
    Notre Dame School 3.9 mi Catholic PRESCHOOL-8
    Coolspring Elementary School 4.1 mi Public K-6

    Local Area Information for Michigan City, IN 46360

    Median Age: 40.2
    Married: 35.6%
    Number of Households: 17,164
    Households with Children: 4,187
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.