5617-5619 Hohman Avenue, Hammond, IN 46320
$530,000
Property Type:
Residential Income
Bedrooms:
12
Baths:
11
Square Footage:
12,375
Lot Size (sq. ft.):
7,144
Status:
Closed
Current Price:
$530,000
List Date:
12/12/2018
Last Modified:
2/22/2024
Overview
Description
Listing Details MLS# 446961
General Property Information
- Number Of Units Total
- 11
- Bedrooms Total
- 12
- Bathrooms Full
- 8
- Bathrooms Half
- 3
- Rooms Total
- 27
- Bathrooms Total
- 11
- Living Area
- 12375
- Living Area Source
- Assessor
- Year Built
- 1927
- Parking Total
- 10
- Lot Size Acres
- 0.164
- Lot Size Square Feet
- 7144
- Lot Size Dimensions
- 55 x 150
- Basement YN
- No
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
Property Features
Appliances:
Range; Refrigerator
Construction Materials:
Brick
Cooling:
Individual
Flooring:
Carpet; Vinyl; Other
Heating:
Hot Water; Natural Gas
Interior Features:
Elevator
Lease Type:
Net
Listing Terms:
Cash; Conventional; Lease Option
Other Equipment:
Other
Owner Pays:
Sewer; Water
Parking Features:
None
Rent Includes:
Trash Collection; Water
Tenant Pays:
Electricity; Gas
Utilities:
Electricity Available; Natural Gas Available; Sewer Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 599900
- 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 $1300 & $1,100 monthly 1100 each. There are 4 (2 bedroom apartments) which rent for $700 (one rents for $750). There are 4 (1 bedrooms) that rent 2 for $600 each and 2 for $650 each. the retail spaces pay heat/air condition and electric. All tenants pay cooking gas and electric. Seller provides hot water and hot water heat for the apartments. Updates include tuckpointing, 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
- 2019-02-22T13:40:31Z
- 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
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Electric Expense
- 500
- Expense Year
- 2018
- Gross Scheduled Income
- 93000
- Insurance Expense
- 3500
- Net Operating Income
- 71203
- New Taxes Expense
- 14697
- Other Expense
- 2000
- Total Actual Rent
- 93000
- Water Expense
- 1100
- Gross Income
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Trash Expense
- 0
Unit Details
- Number Of One Bedroom Units
- 4
- Number Of Two Bedroom Units
- 4
- Number Of Apartments
- 8
- Number Of Stores
- 3
Unit 1
- Unit Description
- 3 Stores & 8 Apartments
- Unit Number
- Yes
- Square Feet
- 12375
- Rent
- 10
- # Of Rooms
- 12
Showing Requirements
- Showing Instructions
- Please allow 12 hours for appointment. Seller will meet you there., Use Showing Assist
Historical Information
- Public Historical Remarks
- Array, Lease Type: Net
Location, Tax, and Legal
- Postal Code +4
- 1900
- High School
- Hammond Central High School
- Tax Assessed Value
- 0
- 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
- Hohman Ave - North of 159th
Appliances
- Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Brick
- Yes
Cooling
- Individual
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
- Other
- Yes
Heating
- Hot Water
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
Lock Box Information
- Lock Box Serial Number
- No
Other Equipment
- Other
- Yes
Parking Features
- None
- Yes
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Lease Type
- Net
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
Rent Includes
- Trash Collection
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: February - 22 - 2024
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