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5253 State Line Avenue

Hammond, IN 46320
  • $105,000
  • STATUS: Active
  • ON SITE: 423 Days
  • MLS #: 497732
UPDATED: 65 min ago
$105,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,225
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Ratings & Info

Description

ATTENTION INVESTORS!! Close proximity to the Illinois/Indiana Border, the Hammond Academy of Science & Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Main Level is split into (2)-1BR, 1BA units in the front and back (525 ft2 each) (Possible Income of $750/mo each). Full, partially finished basement (1050 ft2), perfect for additional rental space for tenant storage and coin-op laundry facilities. Nice back yard with a LARGE 2.5-3 car garage in back can be rented out to tenants for storage as well.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability/CAP Rates.

Monthly Payment Calculator

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Lisa Gaff Team | White Hat Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-09-27T22:52:41.34.
www.lisagaff.com/homes/119893702
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5253 State Line Avenue Hammond, IN 46320

  • Price: $105,000
  • Status: Active
  • On Site: 423 Days
  • Updated: 65 min ago
  • MLS #: 497732
2
Beds
2
Baths
0
½ Baths
0.17
Acres
1,225
SQFT
$86
$/SQFT
1948
Built
Neighborhood:
C Hohmans Add
County:
Lake
Area:
Hammond
Property Description
ATTENTION INVESTORS!! Close proximity to the Illinois/Indiana Border, the Hammond Academy of Science & Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Main Level is split into (2)-1BR, 1BA units in the front and back (525 ft2 each) (Possible Income of $750/mo each). Full, partially finished basement (1050 ft2), perfect for additional rental space for tenant storage and coin-op laundry facilities. Nice back yard with a LARGE 2.5-3 car garage in back can be rented out to tenants for storage as well.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability/CAP Rates.
Exterior Features

Carport Spaces 0.00

Interior Features

Total Rooms 6

Property Features

Amenities PorchStorage Area(S) Cross Street Address Russell Municipal Water Yes Property Subtype1 Income Property Septic No Sewer 1 Transaction Type Sale Water 0 Well No

Listing information © 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Joseph Burdick of Weichert, Realtors Illiana: kyle@thewade.team;219-864-8440.

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Lisa Gaff Team | White Hat Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-09-27T22:52:41.34.
 
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