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6257 Monroe AVE Hammond, IN 46324
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Key Details
Sold Price $70,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,767 sqft
Price per Sqft $39
Subdivision Franklin Add
MLS Listing ID 515587
Sold Date 08/08/22
Bedrooms 4
Full Baths 2
Year Built 1924
Lot Size 3,201 Sqft
Acres 0.0735
Lot Dimensions 25x128
Property Sub-Type Duplex
Property Description
Investor alert! This 2 unit brick duplex features 2 bedrooms and 1 bathroom for each side and a basement for extra storage. This property is cleaned out and ready for a remodel. Live in one side and rent the other. Or rent both to double your stream of income under one roof. Average rents in Hammond usually pull about $1,400 for this square footage. With 2 sides, that's a total income of $2,800 a month. This is an example. Please research average sales prices in Hammond for brick duplexes and going rental rates for yourself to see if this can be a good investment. This neighborhood is close to a beautiful park, shopping and the expressway for an easier commute.
Location
State IN
County Lake
Interior
Interior Features Elevator
Fireplace N
Exterior
Exterior Feature Storage
View Y/N true
View true
Others
Tax ID 450601428025000023
SqFt Source Assessor
Acceptable Financing NRA20240110222605888924000000
Listing Terms NRA20240110222605888924000000
Financing Cash
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Bought with McColly Real Estate
NEARBY SCHOOLS & BUSINESSES
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