851 150th St - Apartments FOR SALE


Hammond, IN 46327
$495,000 USD
219-836-4740
851 150th St, Hammond, IN for Sale
$495,000 USD
Apartments - FOR SALE
1/5
null | 8.42% Cap Rate

851 150th St
Hammond, IN 46327


HIGHLIGHTS

  • 3 of 5 Units have Been Remodeled
  • Ranch Apartment Building
  • Coin-Operated Laundry Room

OVERVIEW

RARE 100% Brick, RANCH, 5-Unit Apartment Building featuring (1) 2-Bed Apartment and (4) 1-Bed Apartments with coin-operated Laundry Room for extra income. 3 of the 5 apartments have been remodeled with NEW Kitchen Cabinets, GRANITE Kitchen Countertops, NEW Vinyl Flooring, NEW Plumbing & Light Fixtures and Custom Bathroom design. Each Apartment has Individual Wall Air-Condition Units. Tenant pays Gas/Electric.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$159 USD /SF

# OF UNITS

5

PRICE/UNIT

$99,000

CAP RATE

8.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R-1U

APN/PARCEL ID

45-03-31-102-033.000-023

ASK ABOUT THIS PROPERTY

Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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