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Map
$820,472*
●
House -
Off Market
310 Colfax Avenue
Michigan City, IN 46360
7 Beds
5 Baths
2808 Sqft
$540,000 - $658,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
CALLING ALL INVESTORS. A fabulous opportunity to own an established
vacation rental property in Sheridan Beach.This charming 5 unit
building has been totally updated and has a great rental history.
Only a stones throw to the beautiful sandy beach of Lake Michigan,
this building is in tip top shape and will continue to bring in a
good income.There are two 2 bedroom units (VRBO# 121998 & 296638) &
three 1 bedroom (VRBO #870328 & 244673) with full kitchens and
decorated with a tasteful contemporary flair and sold fully
furnished. It is rare a turn-key investment like this becomes
available in this fantastic beach location.
The manager has listed the unit size as 2808 square feet.
The manager has listed the unit size as 2808 square feet.
Unit Size
2,808Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$213
Property Type
House
Property Taxes
$2,019
HOA Dues
-
Year Built
1943
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2024 | No longer available | - | |
| No longer available | |||
| Jan 21, 2024 | Listed | $1,099,000 | |
| Listed | |||
|
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|
Welcome to 310 Colfax Ave, an exceptional 5-unit condominium
complex thriving as a lucrative short-term rental, boasting nearly
$200k a year in gross rental income. Located just off the
enchanting shores of Lake Michigan.Immerse yourself in the charm of
fully renovated turnkey units, seamlessly blending contemporary
comforts with timeless elegance. Nestled in the heart of Michigan
City, each residence boasts a unique and sought-after living
experience. The property's prime location…
|
|||
| Jan 25, 2021 | Sold | $589,800 | |
| Sold | |||
| Aug 4, 2020 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | Price Decreased |
$599,000
↓ $50K
(7.7%)
|
|
| Price Decreased | |||
Show More
Property Highlights
310 Colfax Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/02/2019
|
|
7 Bed
|
5 Bath
|
2808 ft²
|
$749,000
7 Bed
5 Bath
2808 ft²
|
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-
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Building Info
310 Colfax Avenue
310 Colfax Avenue, Michigan City, IN 46360
- 1 Unit for Sale
