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Sold on 02/28/2024

1153 Connecticut St, Gary, IN 46407

  • $237,000

    Last sold 02/28/2024 for $179K

  • 12

    bed

  • —

    bath

  • 6,000

    Sqft ($30/Sqft)

Multi-family not for sale
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About 1153 Connecticut St

Property type Multi-family
Neighborhood
Year built 1929
HOA fee $0/month
Lot size 6,229 Sqft
Movoto estimate
Property description
Great Investment Potential! All brick 6 unit apartment building. Each unit is a 2 bedroom 1 bath unit. Owner has a good professional management company managing the property but the Owner hasn't had time to fully maximize the buildings income and investment potential. This will make a great investment for the next Buyer. The building is a 3 story building with two units on each floor. Each story is 2000 sq ft. There is a basement but no units in the basement. The rents average approximately $600 per unit+/-Tenants pay for their own utilities except for 1 unit. Selling as is. Investors contact your Realtor today.
Listed by
Listing Agent - David W. Barrick
Listing Office - Coldwell Banker Real Estate Gr
Source: NIRA mls logo
MLS#464044 • last updated 2 years ago
Movoto checked NIRA for data 5 hours ago
Overview
Heating Common, Hot Water, Natural Gas
Type Residential Income
SqFt 6000
Status Closed
MLS # 464044
Lot Size (Acres) 0.143
Lot Size (SqFt) 6229
Year Built 1929
Interior
# of Full Baths 6
# Bedrooms 12
Total # of Rooms 18
Interior Features Elevator
Exterior
Parking Desc None
Lot Dimensions 64x125
Amenities / Utilities
Utilities Electricity Available, Natural Gas Available, Sewer Available
Water Source Public
Location
County Lake
Subdivision Gary Land Cos 10th Add
Directions Broadway To 11th Avenue, East To Connecticut, South To Property On East Side Of Connecticut Ave
APN 450810153006000000
Multifamily Details
Owner Pays Water
Gross Scheduled Income 44100
Total Rent 44100
Net Operating Income 7472.16
Lot/ Land Details
Road Surface Asphalt
$237K
Range: $175K-$298K
Last 30 days 
  • Feb 2024
    mls logo MLS # 464044
  • Feb 28, 2024 Sold
    $179,000 (-40.3%)
  • Sep 4, 2019 Listed
    $184,900
  • May 2021
    mls logo MLS # 491581
  • May 3, 2021 Active Undr Contract
    —
  • Apr 27, 2021 Listed
    $300,000 (+0.3%)
  • Nov 2020
    mls logo MLS # 482891
  • Nov 5, 2020 Contingent - Ps
    —
  • Oct 1, 2020 Listed
    $299,000 (+61.7%)
  • 1153 Connecticut St
    $179K
  • Midtown
    $39.9K -61% y/y
  • 46407
    $55K -38% y/y
  • Gary
    $125K -7% y/y
No chart available
Statistics calculated by Movoto

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2/10
Daniel Hale Williams Elementary School
public Grades K-5
Gary Community School Corp
3/10
Gary Middle School
public Grades 6-8
Gary Community School Corp
1/10
West Side Leadership Academy
public Grades 9-12
Gary Community School Corp
Source: GreatSchools.org © 2026. All rights reserved.

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