1971 Massachusetts Street

Gary, IN 46407

$310,000
Price
9
Beds
5
Baths
5,500 Sq. Ft.
$56 / Sq. Ft.
5,500
Sq. Ft.
$56
per Sq. Ft.

Description

Looking for an investment property, look no further. This building features 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit. The units are spacious with high ceilings, and each includes a sitting and dining area. The one-bedroom units also boast a small bonus room. All units are equipped with high-efficiency furnaces, and the building's roof is newer. Additional income potential exists with the coin-operated laundry facilities.Looking for an investment property, look no further. This building features 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit. The units are spacious with high ceilings, and each includes a sitting and dining area. The one-bedroom units also boast a small bonus room. All units are equipped with high-efficiency furnaces, and the building's roof is newer. Additional income potential exists with the coin-operated laundry facilities.
  1. Listed by Panagiota Papadatos • Penny P Properties, LLC
    P: (219)-627-1800 C: (219)-627-1800 Penny@PennyPProperties.com

Property Details for 1971 Massachusetts Street

Subdivision
Broadway Add
Garage # of Cars
3
Pets Allowed
No
LISTING UPDATED: 11/01/2024 06:01 PM

Property Details for 1971 Massachusetts Street

StatusActive
MLS #812437
Days on Market14
Taxes$1,536 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1920
CountyLake County

Building Information for 1971 Massachusetts Street

Building/Complex1971 Massachusetts StFloor-Stories-Residences5Pet Policy-Year Built1920Building Size-

Property Information for 1971 Massachusetts Street

Summary
Location and General Information
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46407
  • Zip Plus 4: 2635
  • Latitude: 41.58
  • Longitude: -87.34
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $1,536.00
  • APN/Key #: 450810352017000004
  • Tax Year: 2023
  • Tax Legal Description: BROADWAY ADD. L.31 BL.19
Parking
  • Garage Description: Attached, Off Street
  • Carport - # of Cars: 0
Property
Lot Information
  • Lot Measurement: Square Feet
  • Lot Square Footage: 134,861,760.00
  • Total Sq. Ft.: 5500.0
  • Square Footage Source: Assessor
  • Acres: 3,096.00
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1920
  • Lot Description: Level, Paved
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Levels: Three Or More
Interior Features
  • Appliances: Oven, Refrigerator
  • Basement Type: Apartment, Storage Space, Partially Finished, Full, Daylight, Concrete
  • Basement: Yes
  • Total Full Baths: 5
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 5
  • Bedrooms: 9
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Equipment: None
  • Heat Type: Forced Air
  • Interior Features: High Ceilings, Storage
  • Total # of Rooms: 24
Multi Family
Multi-Family Information
  • # of Units: 5
Rental
Rental Information
  • TenantPays: Electricity, Gas

Property History for 1971 Massachusetts Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1971 Massachusetts Street

Taxable ValueLand$4,300Additions$56,600Total$60,900
Tax Record2023$5,369 ($447 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,064 SqFtAbove Grade Finished SqFt2,064 SqFtStories2Lot Size3,136 SqFtStyleSingle Family ResidenceYear Built1920CountyLAKEAPN45-08-10-352-017.000-004

Schools near 1971 Massachusetts Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Daniel Hale Williams Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Lincoln Achievement Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1971 Massachusetts Street is a multi-family home for sale in Gary, IN 46407. This property was listed for sale on November 1, 2024 by Penny P Properties, LLC, it's currently listed at $310,000. It has been on the market for a total of 14 days and was last sold on September 21, 2017. This listing's school district is Gary Community School Corp. Nearby schools include Daniel Hale Williams Elementary School, Gary Middle School and West Side Leadership Academy. 1971 Massachusetts Street is a 9-bed, 5-bath, 5,500 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Penny P Properties, LLC

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.