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$249,900

7302 Columbia Avenue Hammond, IN 46324

  • 5 Beds
  • 6,564 sq. Ft
Schedule a Video Chat Tour
Property Description
THIS CORNER LOT PROPERTY HAS 2 MULTI-USE BUILDINGS!! The front all-brick building has a dry cleaning business store front with a 3 bedroom/1 bath apartment on the upper level. Water heater replaced 3 years ago. The rear building includes a store front on the main level with a half bath and storage space and a 2 bedroom/1 bath apartment on the upper level. This building was rebuilt in 2002 and in great condition! The roof was replaced 3 years ago. The backyard is fully fenced in with 4 parking spaces. Dry-cleaning business brings in $3000/month plus a potential of $1000/month in upstairs unit. The rear building has potential rental income of $1400/month. Net CAP rate 8%. If the buyer is interested in the dry cleaning business, all equipment can stay. If not, the seller intends to take the sewing machines with them. All appliances can stay. Come view this great investment property today!!
Address:7302 Columbia Avenue Hammond IN 46324
Status:Active
on site: 31 days
Price:$249,900
Bedrooms:5 Beds
Bathrooms:0
Sq. Feet:6,564
Year Built:1946
Lot Size:0.27
County: Lake
MLS #:480298
Property Type:Income Property

Directions:Take 65N ramp to Chicago. Take exit 259A for 80W/94W. Take exit 1 for US 41N/Calumet Ave. Turn right onto 175th St. Turn left onto Columbia Ave. Property on corner of Columbia an 173rd St.
Total Sq. Ft. :6,564
Sq. Ft. Source:Assessor
Loan Price
$1,408
Price And Interest $1,304/month
Property Tax $0/month
MTG INS $0/month
HOME INS $104/month
Price
$249,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,248 / 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: Ford-Roxana Add
Zip Code:46324
Total Sq. Ft.:6,564
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 McCormick Real Estate, 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.