5617-5619 Hohman Avenue, Hammond, IN 46320
$530,000
Property Type:
Commercial Sale
Square Footage:
12,375
Lot Size (sq. ft.):
7,144
Status:
Closed
Current Price:
$530,000
List Date:
12/12/2018
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 446960
General Property Information
- Living Area
- 12375
- Building Area Source
- Assessor
- Year Built
- 1927
- Lot Size Acres
- 0.164
- Lot Size Square Feet
- 7144
- Lot Size Dimensions
- 55 x 150
- Stories
- 3
Property Features
Building Features:
Exterior Lighting; Mixed Use; Multi Tenant; Plastered Ceiling(s); Other
Construction Materials:
Brick
Cooling:
Window Unit(s)
Current Use:
Mixed Use; Multi-Family
Electric:
Circuit Breakers
Flooring:
Carpet; Vinyl; Wood
Foundation Details:
Concrete Perimeter
Heating:
Steam
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Assigned; Open; Paved
Possible Use:
Mixed Use; Multi-Family
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat; Rubber
Tenant Pays:
Gas
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 599900
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 5617-5619
- Street Name
- Hohman
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46320
- Subdivision Name
- Towle & Youngs Add
Remarks and Miscellaneous
- Public Remarks
- Excellent condition and Great investment!!. This all brick 11 unit, 3 retail units, one available, and 8 apartments is located on Hohman avenue. Retail spaces rent for $1100 & 1,100 each. (one vacant) There are 4 (2 bedroom apartments) which rent for $700 (one rents for $750). There are 4 (1 bedrooms that rent for 2 for $600 and 2 for $650. The retail spaces pay heat/air condition and electric. all tenants pay cooking gas and electric. Seller provides hot water and heat for the apartments. Updates include tuck pointing, windows, rubber roof, carpeting, steam boiler and circuit breakers. There is parking (8-10 spaces) at the rear of the building. All 8 ranges and 8 refrigerators, one in each apartment stay.
Status Change Information
- Major Change Timestamp
- 2019-02-22T12:51:52Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2019-02-22
- Offer Acceptance Date
- 2019-02-21
- Close Date
- 2019-02-22
- Close Price
- 530000
- Buyer Financing
- Conventional
More Information
Building Features
- Building Dimensions
- 12375 s.f.
- Exterior Lighting
- Yes
- Mixed Use
- Yes
- Multi Tenant
- Yes
- Plastered Ceiling(s)
- Yes
- Other
- Yes
Exemption Information
- Exemption YN
- N
Income and Expenses
- Electric Expense
- 500
- Expense Year
- 2017
- Gross Scheduled Income
- 93000
- Insurance Expense
- 3500
- Net Operating Income
- 71203
- New Taxes Expense
- 14697
- Total Actual Rent
- 93000
- Water Expense
- 1100
- Gross Income
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Trash Expense
- 0
Showing Requirements
- Showing Instructions
- Please allow 12 hours for appointments. Seller will meet you there., Use Showing Assist
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Frontage Access: Public Road, Parking: Public Parking, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 1900
- Tax Legal Description
- Legal Description: TOWLE & YOUNG'S ADD. L.2 BL.6 S. 5 FT. L.3 BL.6
- Parcel Number
- 450236381002000023
- Township
- North
- Directions
- Calumet to Fisher Street, West on Fisher to Hohman Ave to property
Construction Materials
- Brick
- Yes
Cooling
- Window Unit(s)
- Yes
Electric
- Circuit Breakers
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
- Wood
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Steam
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Assigned
- Yes
- Open
- Yes
- Paved
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Flat
- Yes
- Rubber
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- Gas
- Yes
Current Use
- Mixed Use
- Yes
- Multi-Family
- Yes
Possible Use
- Mixed Use
- Yes
- Multi-Family
- Yes
Rail Availability
- None
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: February - 24 - 2024
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