514 Lake Shore Drive

Michigan City, IN

$899,000

514 Lake Shore Drive, Michigan City, IN 46360

Michigan City, IN 46360

MLS# IRM202545357

Listed 219 days ago

7 Beds
7 Baths
3,714 Sq. Ft.

About this home

Investors—Income Opportunity in Sheridan Beach! 7 occupied units! Well maintained property! Welcome to 514 Lakeshore Drive, Michigan City, located in the desirable Sheridan Beach neighborhood, just one block from Lake Michigan. This DSCR-friendly property offers strong potential for long-term rental income, short-term rental use (buyer to verify), or portfolio growth. Consistent rental demand is supported by proximity to Sheridan Beach, Washington Park, the marina, Uptown Arts District, Blue Chip Casino, and the South Shore Train Station, offering convenient access for commuters to Chicago. Ideal for cash, DSCR, or portfolio investors seeking an income-producing property in one of Northwest Indiana's most sought-after lakefront areas. Located 1 block away from the beach!! This is a must see in-person.

Property Details

Type
Residential
Year Built
1919
Lot Size
0.08 acres
Listed
219 days ago
County
La Porte County
Listing Office
Listing Leaders Executive Real Estate Group, LLC

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$4,546
Loan amount
$719,200

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Listed by Listing Leaders Executive Real Estate Group, LLC. Contact 219-669-6081.

Indiana Regional MLS

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