Hammond, IN 46320,5253 State Line AVE
Hammond, IN 46320,5253 State Line AVE
Hammond, IN 46320,5253 State Line AVE
9
$100,000
$105,000
4.8%
Est.Price: ?

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2 BD
2 BA
1,225 SqFt

5253 State Line AVE Hammond, IN 46320

Est. payment /mo
SOLD DATE : 11/17/2022

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Key Details

Sold Price $100,000

Property Type Single Family Home, Commercial

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 1,225 sqft

Price per Sqft $81

Subdivision C Hohmans Add

MLS Listing ID 497732

Bedrooms 2

Full Baths 1

Three Quarter Bath 1

Year Built 1948

Lot Size 7,501 Sqft

Property Sub-Type Apartment

Property Description

ATTENTION INVESTORS!! Close proximity to the Illinois/Indiana Border, the Hammond Academy of Science & Technology, Franciscan Health Centers, dining, and shopping. The future expansion of the South Shore Line's West Lake Corridor Line coming through the area makes this an amazing opportunity to generate income! Hammond's rejuvenation makes this a desirable investment.Main Level is split into (2)-1BR, 1BA units in the front and back (525 ft2 each) (Possible Income of $750/mo each). Full, partially finished basement (1050 ft2), perfect for additional rental space for tenant storage and coin-op laundry facilities. Nice back yard with a LARGE 2.5-3 car garage in back can be rented out to tenants for storage as well.All units currently rented to family members at discounted rates, so rent rolls will not be helpful in determining profitability/CAP Rates.

Location

State IN

County Lake

Exterior

Exterior Feature Storage

Garage Spaces 2.5

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Schools

School District Hammond

Others

Acceptable Financing NRA20240111134423065362000000

Listing Terms NRA20240111134423065362000000

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Listed by Weichert Realtors - Shoreline
Bought with Integrity Realty Partners

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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