Address
31-33 Elizabeth Street Hammond, IN
Price
$ 350,000
Property Attributes
  • MLS#485695
  • TypeMulti-Family
  • CountyLAKE
  • CityHammond
  • NeighborhoodHomewood Add
  • Zip46320
  • StyleIncome Property
  • Price$ 350,000
  • Bedrooms10
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9216
  • Lot Size9,017 SqFt
Listing Provided Courtesy Of:
Nathan Reeder with Reeder Companies
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.

Price History
12/2/2020 Listed $350,000

General Features

Exterior Features Brick
Garage Spaces 0.0
Property SubType Income Property
Property Type Multi Unit/Income
Subdivision Name Homewood Add
Transaction Type Sale
Year Built 1913

Interior Features

Basement Y/N Yes
Living Area 9216.00
Total Bedrooms 10

Exterior Features

Bathrooms 6.00
Lot Size Square Feet 9017.00
Municipal Water Yes
Septic No
Well No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46320

Price
AVG $170K
$350K
Visits
AVG 30
53
Year Built
AVG 1908
1913
Walkscore
AVG 60
54
Data Provided by Walkscore ® not using MLS data

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