1010 Hoffman Street
1010 Hoffman Street
$214,900
7
4
—
—
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Pending
Description
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...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!
- Listed by Jeff McCormick • McCormick Real Estate, Inc.P: (219) 613-5643 C: (219) 613-5643 Jeff@MccormickRealestate.net
- Listed by Hector CalderonP: (805) 878-6547 C: (805) 878-6547 Hector@mccormickrealestate.net
Property Details for 1010 Hoffman Street
Zoning
Residential
SubdivisionStafford & Trankles Add
Location
LISTING UPDATED: 04/26/2024 05:17 PM
Property Details for 1010 Hoffman Street
Status | Pending |
---|---|
MLS # | 801700 |
Days on Market | 27 |
Taxes | $2,680 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1920 |
Lot Size | 0.07 AC / 3,136 SF |
County | Lake County |
Location
Building Information for 1010 Hoffman Street
Stories-Residences3Year Built1920Building Size-Lot Size0.07 AC / 3,136 SF
Payment Calculator
$1,396 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1010 Hoffman Street
Property History for 1010 Hoffman Street
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 1010 Hoffman Street
Taxable ValueLand$12,400Additions$87,300Total$99,700
Tax Record2022$2,642 ($220 / month)
Home Facts
Total Finished SqFt4,260 SqFtAbove Grade Finished SqFt4,260 SqFtStories3Lot Size3,136 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyLAKEAPN45-03-30-381-004.000-023
Schools near 1010 Hoffman Street
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 - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Washington Irving Elementary School PublicPK to 5 | ||
Henry W Eggers Elem/Md School Public6 to 8 | ||
Hammond High School Public9 to 12 | ||
Area Career Center Public9 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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