6922 Columbia ave - Multi-Family FOR SALE


Hammond, IN 46324
$749,000 USD
219-805-5200
6922 Columbia ave, Hammond, IN for Sale
$749,000 USD
Multi-Family - FOR SALE
1/37
null | 7.4% Cap Rate

6922 Columbia ave
Hammond, IN 46324


OVERVIEW

Rare opportunity to own a well built, maintained, and cash flowing 6 unit apartment building in South Hammond. Very spacious units, 4 of them being one bed one bath, and 2 being 2 bed 1 bath. In addition to curb appeal, the 2025 NOI is over $50,000 and grosses over $73,000 annually, and a day 1 cap rate of 7.4% with upside. There have been several cap ex upgrades and remodels in the past 5 years. Ask an agent for the detailed information in the offering memorandum.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

6

PRICE/UNIT

$124,833

CAP RATE

7.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6922 Columbia, Hammond, Indiana

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

45-07-07-328-026.000-023

ASK ABOUT THIS PROPERTY

Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

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Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.