514 Lake Shore Drive Active Save Request In-Person Tour Request Virtual Tour
Michigan City,IN 46360
Key Details
Property Type Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 3,714 sqft
Price per Sqft $274
MLS Listing ID 202545357
Style Two Story
Bedrooms 7
Full Baths 7
Year Built 1919
Annual Tax Amount $4,000
Tax Year 9919
Lot Size 3,484 Sqft
Property Sub-Type Apartment Building
Property Description
Investors! - Income-Producing Opportunity 1 block from Sheridan Beach! Welcome to 514 Lakeshore Drive, Michigan City, Indiana — a prime investment opportunity just minutes from Lake Michigan, downtown shops, and the vibrant Uptown Arts District. This property offers excellent potential for steady rental income, short-term rentals, or future redevelopment in a sought-after area near the beach and marina. Whether you're looking to expand your investment portfolio or secure your first cash-flowing property, this location provides consistent tenant demand thanks to its proximity to Blue Chip Casino, Washington Park, and the South Shore Train Station with easy access to Chicago commuters. Property Highlights: Located in the heart of Michigan City's growth corridor Walking distance to Lake Michigan beaches Minutes from shopping, dining, and entertainment Solid potential for value appreciation as redevelopment continues nearby Don't miss this opportunity to own property in one of Northwest Indiana's hottest investment markets. Updates have been made the units, roof and major mechanicals.
Location
State IN
County La Porte County
Area La Porte County
Rooms
Dining Room 0
Interior
Flooring Mixed
Laundry , 4
Exterior
Amenities Available Basement
Building
Lot Description Level
Story 2
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools Lake Hills
Middle Schools Martin Krueger
High Schools Michigan City
School District Michigan City Area Schools
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202545357