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$320,000
Kennedy Ave, Hammond, Home For Sale
Price:
$320,000
BR/BA:
5 BR, 3.5 BA
Location:
6405 Kennedy Ave, Hammond, IN
Description:
Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Tavern with kitchen. Extra lot with large area for potential paved parking lot fronting on Cleveland St. Another fenced open area fronting Kennedy suitable for Beer Garden or building expansion.Always wanted to own a bar with BonusRental Income? This is it!One bedroom apartment normallyrents for $800/month including utilities. Month to month lease. 4 bedroom apartment naormally pays $1200/month plus their own NIPSCO gas and electric. Month to month lease also. Long time current owner operates the tavern, enjoys a booming business. 3 way liquor license included in package. Retiring early? '30 and out' from the mill? Want to stay busy? Call your agent to see this bargain!Gross income shown is for the rentals, not the business income. 'Electricity' expense shown includes electric for the tavern, one bedroom apt, and the kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360/month. Rent on the one bedroom is reduced to $500. while tenant is employed by tavern. Rent on the four bedroom also reduced by $400 to repay tenant for the newly installled windows upstairs. As Is Addendum and Proforma. Need 48 hour notice to show apartments. Tavern showings much easier. Working on list of business fixtures that ar included. Will be attached to listing. Please contact your agent for the attachments.For more details: https://realtyww.info/homes_hammond-d525735/for-sale_i73840385
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More About this Listing: Kennedy Ave, Hammond, Home For Sale
Kennedy Ave, Hammond, Home For Sale is a Five Bedroom 3.5 Bathroom Single-Family Homes for Sale at 6405 Kennedy Ave in Hammond IN. Find other listings like Kennedy Ave, Hammond, Home For Sale and listings near 6405 Kennedy Ave by searching Oodle Classifieds for Five Bedroom 3.5 Bathroom Single-Family Homes for Sale in Hammond IN.
Kennedy Ave, Hammond, Home For Sale is a Five Bedroom 3.5 Bathroom Single-Family Homes for Sale at 6405 Kennedy Ave in Hammond IN. Find other listings like Kennedy Ave, Hammond, Home For Sale and listings near 6405 Kennedy Ave by searching Oodle Classifieds for Five Bedroom 3.5 Bathroom Single-Family Homes for Sale in Hammond IN.