$370,000

beds

baths

2650 164th Place

Hammond, Indiana 46323

Closed / MLS #802875 / Multiple Unit (2-4) / Hammond

Listing information updated 5/15/2024 at 6:04pm

Position yourself for success with this amazing investment opportunity- a fully occupied four-unit property situated in the prime location of Hessville! All units have 1 bedroom and 1 bathroom which were remodeled in 2021. Additionally, Tuckpointing was done in 2021. Property currently sits at a 5.8% cap rate and projects to a 8%+ cap after rent stabilization. Tenants are responsible for electric and heat. Don't miss out on this great opportunity!

Full Features

Basement:

Concrete

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Central

Appliances:

Built-In Gas Oven, Built-In Refrigerator, Built-In Gas Range

Pool:

Age:

96 Years

Parking Type:

Off Street,On Street

Garage:

Off Street,On Street

Room Count:

Square Feet:

N/A

Lot Size:

5837.04

Acreage:

0.134

Taxes & Assessments

Tax Amount:

$8,512

Tax Year:

2023

Location

Zip Code:

46323

City:

Hammond

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Ellsbury Commercial Group LLC

Listing Office Phone: 219.200.5133

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/15/2024 at 6:04pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Hammond, IN

Located along the border of Illinois and Indiana, Hammond is part of the Chicago metropolitan area. The city is home to attractions such as the Horseshoe Hammond Casino and the Indiana Welcome Center, which features an annual holiday exhibit dedicated to the movie A Christmas Story. Residents also e...

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$170,774

Average Sale Price

Average Days On The Market

96%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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2650 164th Place is a multiple unit (2-4) which sold for $370,000. 2650 164th Place features 4 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since April 28th, 2024 and was built in 1928.