$208,000
$214,900
3.2%For more information regarding the value of a property, please contact us for a free consultation.
623 Cherry Street Hammond, IN 46324
3 Beds
2 Baths
1,802 SqFt
Key Details
Sold Price $208,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,802 sqft
Price per Sqft $115
Subdivision South Hammond
MLS Listing ID 806132
Sold Date 09/13/24
Bedrooms 3
Full Baths 2
Year Built 1924
Annual Tax Amount $2,392
Tax Year 2023
Lot Size 6,250 Sqft
Property Sub-Type Duplex
Property Description
TWO Houses on 1 property in South Hammond with endless possibilities! Whether you're looking for an investment property that cash flows or you want to purchase a starter home with turnkey passive income to offset your living expenses, this property is ready to go! The front home is a sprawling 2 bedroom layout that's been freshly painted and is move-in ready! Featuring vaulted ceilings in the kitchen with loft storage, a massive bathroom, Central A/C, and a carport, you can expect market rents anywhere from $1200-1350/month. The Rear House is a cozy 1 bedroom cottage that is currently leased through January for $775/month by a great tenant of 3+ years. Each home has its own gas and electric meters for individual NIPSCO bills paid by the respective tenants. Properties like this don't come around often and this is turn key so come take a look!
Location
State IN
County Lake
Zoning Other
Interior
Interior Features Beamed Ceilings, Eat-in Kitchen, Cathedral Ceiling(s), Ceiling Fan(s)
Heating Forced Air
Cooling Central Air
Flooring Hardwood, Vinyl, Laminate
Fireplace No
Appliance Dishwasher, Refrigerator, Range
Exterior
Exterior Feature None
Parking Features Carport, Off Street
Building
Lot Description Other
Foundation Slab
Schools
Elementary Schools Thomas A Edison Elementary School
Others
Acceptable Financing Cash, VA Loan, FHA, Conventional
Listing Terms Cash, VA Loan, FHA, Conventional
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Bought with Legacy Realty Group LLC