1509 10Th St Michigan City, IN 46360

This exceptional investment opportunity presents a turnkey portfolio of seven single-family rental homes and one vacant lot, totaling 8,569 square feet on a 1.42-acre lot in Michigan City, Indiana. Located at 1509 W 10th St, this collection offers a compelling 9.10% cap rate. The property boasts nine buildings, providing a diversified investment strategy. All seven units are currently occupied, with tenants responsible for all utilities. While laundry machines are excluded from the sale, most kitchen appliances are included. This portfolio benefits from Michigan City's revitalization, including shoreline redevelopment and the South Shore double-tracking project, driving significant investment and interest in the area. This presents a strong potential for future appreciation. The property is offered at $1,092,000. Due to tenant privacy, only qualified buyers with proof of funds and a signed non-disclosure agreement will receive a detailed property list and rent roll. This is a rare chance to acquire a well-performing, established rental portfolio in a rapidly growing market. Don't miss this opportunity to capitalize on the thriving Michigan City real estate market.