Calling all investors and house hackers! This prime investment opportunity presents a 3-unit building brimming with potential. Strategically positioned near highways, schools, parks, and the IN/IL border, this property offers convenience and accessibility.The main level unit features 3 bedrooms and 2 baths, while the two top units offer 2 bedrooms and 1 bath each, along with generously sized living rooms. Tenants are responsible for gas and electric utilities.With estimated rents ranging from $1200 to $1500 per month for the 3-bedroom unit and $1000 to $1200 per month for each 2-bedroom unit, the potential for robust rental income is evident. Estimated CAP rate falls between 15-20%, underscoring the lucrative nature of this income-producing investment property.Don't miss out on this exceptional opportunity to expand your portfolio or embark on your house hacking journey. Schedule your showing today and seize the chance to capitalize on this lucrative investment venture!
Closed
$200,000
1010 Hoffman St, Hammond, IN 46327
7beds
--sqft
Triplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$1,887 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 02, 2024 at 07:50am
Listed by:
Jeff McCormick,
McCormick Real Estate, Inc. 219-663-9300,
Hector Calderon
Bought with:
Wesley Thompson, RB14035797
Wesley Thompson Jr., Broker
Source: NIRA,MLS#: 801700

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Natural Gas
Appliances
- Included: Refrigerator
Features
- Open Floorplan, Primary Downstairs
- Windows: Aluminum Frames
- Has fireplace: No
Interior area
- Finished area above ground: 2,840
Property
Parking
- Parking features: Off Street, Paved, Other
Features
- Levels: Multi/Split,Two
- Patio & porch: Awning(s)
- Exterior features: Awning(s), Private Yard, Storage, Rain Gutters
- Pool features: None
- Fencing: Back Yard,Fenced,Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,136 sqft
- Dimensions: 25 x 125
- Features: Back Yard, Near Public Transit
Details
- Parcel number: 450330381004.000023
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Fixer,Updated/Remodeled
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Available, Water Connected, Sewer Available, Sewer Connected, Electricity Available, Natural Gas Connected, Natural Gas Available, Electricity Connected, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Hammond
- Subdivision: Stafford & Trankles Add
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability

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