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$350,000

31 Elizabeth Street Hammond, IN 46320

  • 10 Beds
  • 9,216 sq. Ft
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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.
Address:31 Elizabeth Street Hammond IN 46320
Status:Active
on site: 47 days
Price:$350,000
Bedrooms:10 Beds
Bathrooms:0
Sq. Feet:9,216
Year Built:1913
Lot Size:0.21
County: Lake
MLS #:485695
Property Type:Income Property

Directions:Exit 80/94 Calumet Ave north and continue 10 blocks to 165th Street. Turn left, west, on 165th St and continue one mile to Hohman Avenue. Turn right, north, on Hohman Ave half mile to Elizabeth Street. Left, west, on Elizabeth half block to property
Total Sq. Ft. :9,216
Sq. Ft. Source:Assessor
Loan Price
$1,972
Price And Interest $1,826/month
Property Tax $0/month
MTG INS $0/month
HOME INS $146/month
Price
$350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
City:Hammond
Subdivision: Homewood Add
Zip Code:46320
Total Sq. Ft.:9,216
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company, Inc.
Jeff Safrin
Additional Phone (219) 309-9930
Schedule a Video Chat Tour
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Listing provided courtesy of Reeder Companies.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.