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$350,000

31 Elizabeth Street Hammond, IN  46320

  • 10 Beds
  • 9,216 sq. Ft

Property Description for 31 Elizabeth Street Hammond, IN 46320

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 Undr Contract
on site: 0 mins
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

Mandatory HOA Fee:$

City:Hammond
Subdivision: Homewood Add
Zip Code:46320

Total Sq. Ft.:9,216
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 31 Elizabeth Street Hammond, IN  46320


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Listing provided courtesy of Nathan Reeder with Reeder Companies from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/01/2020 12:00 AM. 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.



31 Elizabeth Street Hammond, IN  46320 Market Report

61
Avg. DOM
$135.11
Avg. $ / Sq.Ft.
$ 190,000
Med. List Price

The house prices in 31 Elizabeth Street Hammond IN 46320 are not dropping at the moment. There has been a increase in price of $51,253.33. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for 31 Elizabeth Street Hammond IN 46320.

The most popular place to buy a home in 31 Elizabeth Street Hammond IN 46320 is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in 31 Elizabeth Street Hammond IN 46320 .

The average amount of property taxes you would have to pay for a home in 31 Elizabeth Street Hammond IN 46320 is $1,119.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in 31 Elizabeth Street Hammond IN 46320 are staying listed for an average of 23 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in 31 Elizabeth Street Hammond IN 46320 was 24 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in 31 Elizabeth Street Hammond IN 46320 is $380,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in 31 Elizabeth Street Hammond IN 46320 is $1.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in 31 Elizabeth Street Hammond IN 46320 in year 1885 and the newest built house is in year 1978.

The average size of properties in 31 Elizabeth Street Hammond IN 46320 is 1592.65 sq.ft. , the biggest one being 3681 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.