Position yourself for success with this amazing investment opportunity- a fully occupied four-unit property situated in the prime location of Hessville! All units have 1 bedroom and 1 bathroom which were remodeled in 2021. Additionally, Tuckpointing was done in 2021. Property currently sits at a 5.8% cap rate and projects to a 8%+ cap after rent stabilization. Tenants are responsible for electric and heat. Don't miss out on this great opportunity!
Closed
$370,000
2650 164th Pl, Hammond, IN 46323
4beds
--sqft
Quadruplex
Built in 1928
-- sqft lot
$380,900 Zestimate®
$--/sqft
$1,825 Estimated rent
Home value
$380,900
$343,000 - $423,000
$1,825/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 15, 2024 at 04:00pm
Listed by:
Xever Lemieux,
Ellsbury Commercial Group LLC 219-200-5133,
Tariq Suboh,
Ellsbury Commercial Group LLC
Bought with:
Cirilo Favela, RB19000021
Favela Real Estate, LLC
Source: NIRA,MLS#: 802875
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Built-In Gas Oven, Built-In Refrigerator, Built-In Gas Range
- Laundry: In Basement
Features
- See Remarks
- Basement: Concrete
Interior area
- Finished area above ground: 2,560
Property
Parking
- Parking features: Off Street, On Street
Features
- Levels: Three Or More
- Exterior features: Rain Gutters
- Fencing: None
Lot
- Size: 5,837 sqft
- Features: City Lot, Corner Lot
Details
- Parcel number: 450704383010.000023
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Hammond
- Subdivision: Turner Meyn Park Add 02
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2024 | Sold | $370,000-2.4% |
Source:  NIRA #802875 | ||
| 4/29/2024 | Listed for sale | $379,000+32.5% |
Source: NIRA #802875 | ||
| 3/17/2022 | Sold | $286,000 |
Source: NIRA #507425 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hessville
Nearby schools
GreatSchools rating
- 4/10Morton Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 3/10Charles N Scott Middle SchoolGrades: 7-8Distance: 1.6 mi
- 2/10Morton Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$380,900
2% more+ $7,618
With Zillow Showcase(estimated)
$388,518