Investors--Income Opportunity in Sheridan Beach! 7 occupied units! Well maintained property! Welcome to 514 Lakeshore Drive, Michigan City, located in the desirable Sheridan Beach neighborhood, just one block from Lake Michigan. This DSCR-friendly property offers strong potential for long-term rental income, short-term rental use (buyer to verify), or portfolio growth. Consistent rental demand is supported by proximity to Sheridan Beach, Washington Park, the marina, Uptown Arts District, Blue Chip Casino, and the South Shore Train Station, offering convenient access for commuters to Chicago. Ideal for cash, DSCR, or portfolio investors seeking an income-producing property in one of Northwest Indiana's most sought-after lakefront areas. Located 1 block away from the beach!! This is a must see in-person.
Listed By
Agency Name: Listing Leaders Executive RE
Agency Phone: (219) 669-6081
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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514 Lake Shore Drive | MLS# 830554
This multi-family property located at 514 Lake Shore Drive, Michigan City, IN 46360 is currently listed for sale with an asking price of $950,000. Lake Shore Drive is located within the Michigan City school district. Search Michigan City real estate on www.coldwellbanker1stchoice.com today.