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$1,375,000

7051 Kennedy Avenue Hammond, IN 46323

  • 11,740 sq. Ft
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Property Description
Great mixed-use investment opportunity located at a signalized intersection on Kennedy Avenue and 171st Street, which is 3 traffic lights north of 80/94. 5 sources of rental income totaling $4,000 per month. This 10,332 square foot mixed use building boosts 7,186 square feet of ground floor retail space, 6,000 square feet is now available for a owner occupied owner, one three bedroom apartment and one two bedroom apartment on the second floor with a connecting laundry room with coin operated washers and dryers, 2 of each. The two apartments are newly renovated and provide a sleek city like living. There is a 1,300 square foot un-finished basement with ample parking both for retail customers and residents, including a 34 space fenced lot. The three units are all currently leased with the retail occupants on triple net or net leases and the residential units each responsible for a portion of utilities. The one retail tenant has three years left on their respective lease agreement.
Address:7051 Kennedy Avenue Hammond IN 46323
Status:Active
on site: 36 days
Price:$1,375,000
Bathrooms:0
Sq. Feet:11,740
Year Built:1947
Lot Size:0.87
County: Lake
MLS #:499317
Property Type:Retail

Directions:From 80/94 North on Kennedy Avenue to building.
Total Sq. Ft. :11,740
Loan Price
$7,746
Price And Interest $7,173/month
Property Tax $0/month
MTG INS $0/month
HOME INS $573/month
Price
$1,375,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$6,876 / 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: None
Zip Code:46323
Total Sq. Ft.:11,740
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company, Inc.
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company, Inc
Schedule a Video Chat Tour
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Listing provided courtesy of Mentor Listing Realty, Inc..

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.