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.
Based on the average sale price from the Valparaiso, IN office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
31-33 Elizabeth Street Hammond, IN is a Single Family Home for sale at $350000 with 9216 sqft and a lot size of 9,017 SqFt Acre(s). 31-33 Elizabeth Street Hammond has 10 bedrooms, 0 baths and was built in 1913. The property's zip code is 46320 which is in Hammond, IN
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.