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7613 Oak Avenue
Gary IN 46403 US

$380,000

Active Under Contract Listing ID 803924
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4 bed
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3.00 Bath (2 Full Bath)
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Lot: 0.08 Acres
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Triplex

$380,000

Active Under Contract Listing ID 803924
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7613 Oak Avenue Rare Investment Opportunity: 3-Unit Property Across from Lake Michigan in Miller BeachDiscover a unique investment opportunity with this 3-unit property situated directly across the street from the pristine shores of Lake Michigan in the sought-after Miller Beach neighborhood. This versatile property offers the perfect blend of residential comfort and income-generating potential.Property Overview:Top Floor Penthouse Unit:Layout: 1 bedroomFeatures: Private deck with stunning lake viewsCurrent Rent: $1150 per month, leased until 9/30/24Second Floor Unit:Layout: 1 bedroom with a sunroom, enclosed porch Features: Private back deck with views of the lakeCurrent Use: $1150 per month, leased until 4/30/25Ground Level Unit:Layout: 2 bedroomsCurrent Use: $895, per month, leased until 7/31/24Amenities:Each unit offers its own designated outdoor space, providing tenants with personal areas to relax and enjoy the beautiful surroundings.A common laundry area is available for all tenants.The property provides 2 tandem parking spaces for each unitLocation Highlights:Proximity to Lake Michigan: Enjoy immediate access to the lake, perfect for beach activities, water sports. Just steps away! Miller Beach offers a vibrant community with diverse dining, shopping, and cultural experiences, including the nearby historic Marquette Park and the Tuskegee Air Museum.Convenience: Easy access to transportation options Via the South Shore Train, 80/94, I-65, and the Indiana Tollway.This property is ideal for investors looking to capitalize on the thriving vacation rental market while providing long-term rental options. Don't miss this chance to own a prime piece of real estate in one of Miller Beach's most desirable locations. Seize this rare opportunity to elevate your investment portfolio and enjoy the benefits of lakeside living. Miller Beach, Unparalleled in it offerings! Make it your today!

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1
  • Exterior Finish: Views, Level, Balcony, Uncovered Courtyard, Rain Gutters, Lighting, Garden
  • Heating Fuels: Fireplace, Hot Water, Radiant, Steam
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 380000
  • unparsedaddress: 7613 Oak Avenue
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46403
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 1
  • lotsizeacres: 0.075
  • lotsizeunits: Acres
  • lotsizearea: 0.075
  • livingareaunits: Square Feet
  • latitude: 41.61973
  • longitude: -87.246255
  • listagentfullname: Alan Harrell
  • listagentemail: alan.harrell@mccolly.com
  • listagentkey: 3yd-GNIARIN-10692
  • listagentmlsid: 10692
  • listagentpreferredphone: 2198647200
  • listagentofficephone: 2199261616
  • listofficekey: 3yd-GNIARIN-266
  • listofficemlsid: 266
  • disclaimer: Copyright © 2024 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1922
  • listingcontractdate: 2024-05-18
  • listagenturl: http://www.mccolly.com
  • countyorparish: Lake
  • parcelnumber: 45-05-32-228-004.000-004
  • elementaryschooldistrict: Gary
  • middleorjuniorschooldistrict: Gary
  • highschooldistrict: Gary
  • appliances: Dryer, Microwave, Range, Range - Gas, Refrigerator
  • heating: Fireplace, Hot Water, Radiant, Steam
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street, Tandem, Unassigned
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fan(s), Open Floorplan, High Speed Internet, Laminate Counters, Eat-in Kitchen
  • exteriorfeatures: Views, Level, Balcony, Uncovered Courtyard, Rain Gutters, Lighting, Garden
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.246255, 41.61973
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Listing Changed: 5/20/2024 4:45:24 PM GMT
Source Updated Date: 6/3/2024 6:48:36 AM GMT

Courtesy of: Alan Harrell, McColly Real Estate, alan.harrell@mccolly.com

Copyright © 2024 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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