Turnkey 4 units in a great quiet neighborhood. The main floor unit is a huge 2 bed unit with a long term resident. Upstairs you'll fine two 1 bed units and a detached 1 bed cottage is behind the building. Super attractive building that is easy to acquire and retain long term tenants. Great cash flow property being offered at nearly an 8 cap.
Property Features
Bedrooms
Appliances
- Laundry Features: Lower Level
Other Rooms
- Basement Features: Unfinished
Bathrooms
Heating and Cooling
- Heating Features: Hot Water, Natural Gas
Exterior and Lot Features
Land Info
- Lot Description: Landscaped
- Lot Size Acres: 0.101
- Lot Size Square Feet: 4399
Home Features
Rental Info
- Gross Income: 40440
- Gross Scheduled Income: 40440
Homeowners Association
- Association Fee Frequency: Annual
- Pets Allowed: Breed Restrictions
School Information
- High School District: Hammond
- School District: Hammond
Multi-Unit Info
- Number of 1 Bedroom Units: 3
- Number of 2 Bedroom Units: 1
Other Property Info
- Annual Tax Amount: 5300
- Source Listing Status: Active
- County: Lake
- Directions: Hohman St north to Highland St. Head east. Turn north on Park Pl. Property is on east.
- Tax Year: 2024
- Source Property Type: Residential Income
- Property Subtype: condo
- Source Neighborhood: Harrison Park Add
- Owner Pays: Electricity, Water, Snow Removal, Sewer, Gas
- Parcel Number: 450601178011000023
- Subdivision: Harrison Park Add
- Township: North
- Trash Expense: 1100
- Property Subtype: Apartment
- Source System Name: C2C
Commercial Info
- Net Operating Income: 26440
Building and Construction
- Year Built: 1915
- Above Grade Finished Area: 3560
- Levels: Two
- Property Age: 110
Utilities
- Electric Expense: 2257
- Sewer: Public Sewer
- Water Source: Public
