2650 164th Place
2650 164th Place
$370,000
4
4
—
—
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Closed 5/13/24
Description
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!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!
- Listed by Xever Lemieux • Ellsbury Commercial Group LLCP: (219) 384-7994 C: (219) 384-7994 Xever@ellsburygroup.com
- Listed by Tariq Suboh • Ellsbury Commercial Group LLCP: (219) 805-5200 C: (219) 805-5200 Tariq@EllsburyGroup.com
Property Details for 2650 164th Place
Zoning
Residential
SubdivisionTurner Meyn Park Add 02
Location
LISTING UPDATED: 05/15/2024 06:00 PM
Property Details for 2650 164th Place
Status | Closed |
---|---|
MLS # | 802875 |
Days on Market | 6 |
Taxes | $8,512 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1928 |
Lot Size | 0.13 AC / 5,837 SF |
County | Lake County |
Location
Building Information for 2650 164th Place
Stories-Residences4Year Built1928Building Size-Lot Size0.13 AC / 5,837 SF
Payment Calculator
$2,729 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2650 164th Place
Property History for 2650 164th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2650 164th Place
Taxable ValueLand$20,300Additions$268,800Total$289,100
Tax Record2022$7,088 ($591 / month)
Home Facts
Total Finished SqFt3,840 SqFtAbove Grade Finished SqFt3,840 SqFtStories3Lot Size5,837 SqFtStyleMulti-Family Res (5+ Units)Year Built1928CountyLAKEAPN45-07-04-383-010.000-023
Schools near 2650 164th Place
This home is within School City Of Hammond.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Morton Elementary School PublicPK to 5 | ||
Charles N Scott Middle School Public6 to 8 | ||
Morton Senior High School Public9 to 12 | ||
Donald E Gavit Mdl/High School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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