Address
31-33 Elizabeth Street Hammond, IN
Price
$ 350,000
Property Attributes
- MLS#485695
- TypeMulti-Family
- CountyLAKE
- CityHammond
- NeighborhoodHomewood Add
- Zip46320
- StyleIncome Property
- Price$ 350,000
- Bedrooms10
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9216
- Lot Size9,017 SqFt
Listing Provided Courtesy Of:
Nathan Reeder with Reeder Companies
Property Description
Professionally managed six unit building nearby downtown Hammond. Two large main level 3 bedroom units and 4 second floor one bedrooms. Over $50,000 in gross rents with room to grow revenue. The city of Hammond is welcoming the West Lake extension to the South Shore Line commuter rail with a station being built about a mile from this property. Ground breaking and federal funding for this project were completed last month. Estimated completion date for the project is 2025. The city of Hammond is also investing in a plan developed by national expert Jeff Speck, who wrote the book on walkability, to revitalize downtown using reworked streetscapes as well as adding 1000 affordable housing units in the next 5 years. Property has a brand new flat roof replaced in 2019, and a newer steam boiler in 2005. Elizabeth Street is a historic street loaded with 20th century architectural masterpieces from single famiy, 2-4 unit buildings, and larger commercial multiunits like 31-33 Elizabeth Street.
| Price History | |
|---|---|
| 12/2/2020 | Listed $350,000 |
General Features
| Exterior Features | Brick |
|---|---|
| Garage Spaces | 0.0 |
| Property SubType | Income Property |
| Property Type | Multi Unit/Income |
| Subdivision Name | Homewood Add |
| Transaction Type | Sale |
| Year Built | 1913 |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Living Area | 9216.00 |
| Total Bedrooms | 10 |
Exterior Features
| Bathrooms | 6.00 |
|---|---|
| Lot Size Square Feet | 9017.00 |
| Municipal Water | Yes |
| Septic | No |
| Well | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 46320
Price
Visits
Year Built
Walkscore
Greater Northwest Indiana Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
