Derek Johnson

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816 Pennsylvania Street
Gary, IN 46402

$520,000 - Status: Active
SQFT: 7,221
MLS# 836606

Turnkey investment opportunity in Gary, Indiana! This fully renovated 8-unit building is already 7 out of 8 units rented, offering immediate and reliable income with minimal lease-up needed. The property features a desirable mix of one-, two-, and three-bedroom units, appealing to a wide range of tenants. The photos provided showcase the property post-rehab, prior to the current tenants moving in--highlighting the quality of renovations and thoughtful updates throughout. Modern improvements blend seamlessly with original character details, including charming built-ins and classic woodwork. Ideally located with convenient access to IN-53, I-65, and I-80/94, this property is well-positioned for commuters and continued tenant demand. With strong occupancy and a growing rental market, this is a solid, income-producing addition to any portfolio. Schedule your showing today! Property sold AS IS.

Property Features

MLS#: 836606
Zip: 46402
Subdivision: Gary Land Companys 01
Development: Calumet
Property Type: Commercial - Business
Days on Site: 22
Heating: Forced Air
Lot Size: 0.09 acres
Taxes: $2,634
Year Built: 1922

Feature Descriptions

Parking Features: Driveway, On Street
Sewer: Public Sewer
Water: Public

816 Pennsylvania Street | MLS# 836606

This commercial property located at 816 Pennsylvania Street, Gary, IN 46402 is currently listed for sale with an asking price of $520,000. Search Gary real estate on djohnson.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Property Boss
Agency Phone: (219) 801-6123

Shown By

Agent Name: Derek Johnson
Agent Phone: (219) 608-2741
Agency Title: Coldwell Banker 1st Choice

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AGENT INFORMATION

Coldwell Banker 1st Choice Derek Johnson (219) 608-2741

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