7302 Columbia Avenue

Hammond, IN
$ 248,000 Beds 0 Baths 0 Sq 6,564
Monthly Estimate* How much can I afford?

THIS CORNER LOT PROPERTY HAS 2 MULTI-USE BUILDINGS!! The front all-brick building has a dry cleaning business store front with a 3 bedroom/1 bath apartment on the upper level. Water heater replaced 3 years ago. The rear building includes a store front on the main level with a half bath and storage space and a 2 bedroom/1 bath apartment on the upper level. This building was rebuilt in 2002 and in great condition! The roof was replaced 3 years ago. The backyard is fully fenced in with 4 parking spaces. Dry-cleaning business brings in $3000/month plus a potential of $1000/month in upstairs unit. The rear building has potential rental income of $1400/month. Net CAP rate 8%. If the buyer is interested in the dry cleaning business, all equipment can stay. If not, the seller intends to take the sewing machines with them. All appliances can stay. Come view this great investment property today!!

Commercial

  • Price
  • $ 248,000
  • Lot Size
  • 11,761 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 6,564
  • Full Bathrooms
  • 0
  • Year Built
  • 1946
  • Half Bathrooms
  • 0
  • City, Zip
  • Hammond
  • County
  • LAKE
  • Style
  • Retail
  • Area
  • MLS#
  • 480978
  • Zip
  • 46324
Listing Provided by: Jeff McCormick with McCormick Real Estate, Inc.

Features

General

Exterior Features Block, Brick, Vinyl
Property SubType Retail
Property Type Commercial
Subdivision Name Ford-Roxana Add
Transaction Type Sale
Year Built 1946

Interior Features

Living Area 6564.00

Exterior Features

Lot Size Square Feet 11761.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/3/2020 Listed $249,900
10/1/2020 1% - $249,400
11/2/2020 1% - $249,000
11/11/2020 1% - $248,000

Property vs Zip Code Average in 46324

Price
AVG $220K
$250K
Visits
AVG 31
41
Year Built
AVG 1943
1946
Walkscore
AVG 64
67
Data Provided by Walkscore ® not using MLS data

Map

7302 Columbia Avenue Hammond, IN is a Single Family Home for sale at $248000 with 6564 sqft and a lot size of 11,761 SqFt Acre(s). 7302 Columbia Avenue Hammond has 0 bedrooms, 0 baths and was built in 1946. The property's zip code is 46324 which is in Hammond, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.