Active
816 Pennsylvania Street
Gary IN, 46402
$550,000
$76.17 per sqft
Active
7,221 sqft
Commercial
Built in 1922
DYNAMIC INVESTMENT OPPORTUNITY IN GARY, INDIANA!!! Discover this income-generating 8-unit apartment building, strategically located in Gary, Indiana. Perfectly designed for the savvy investor, this property features a desirable mix of one, two, and a spacious three-bedroom unit, offering diverse rental options to maximize your returns. While modern conveniences abound, some of the building's historical charm still remains with original built-ins and woodwork, adding unique character to the residence. Situated for convenience, your future tenants will appreciate quick access to major highways, including IN-53/Broadway, 80/94, and I-65, making commutes a breeze. The building also comes equipped with a common area laundry setup, with a third-party company managing coin-operated units--adding an additional revenue stream effortlessly. With Gary's promising growth potential and ongoing revitalization, act now to secure this exciting opportunity to expand your investment portfolio.You don't miss out on this exhilarating investment chance that promises to deliver consistent returns and growth. Let's make your investment dreams a reality! Schedule your showing today!
812952
MLSⓇ ID
November 14, 2024
Listed
December 4, 2024
Updated
Map
816 Pennsylvania Street
Gary IN, 46402
Interior Features
Interior Features
Built-in Features, Laminate Counters, Entrance Foyer
Appliances
Range, Refrigerator
Laundry Description
Common Area, See Remarks, Lower Level, Laundry Room
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Separate Meters, Window Unit(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.09 Acres
Exterior Features
Rain Gutters
Lot Features
City Lot, Rectangular Lot, Level
Roof
Flat, Shingle
Sewer
Public Sewer
School Information
School District
Gary
Other Property Details
Taxes
$2,698
Tax Frequency
Annually
Days on Market
20
Garage
No
Parking
On Street
View
Yes
View Description
Neighborhood
County
Lake
Municipality
Calumet
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/4/2024 | Price change | $550,000 -5% |
Courtesy of Blackrock Real Estate Services, Kathryn Leslie,
Listing Contact:
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