$320,000
For Sale

6405 Kennedy Avenue

Hammond, IN 46323
5 beds | 3 baths | 0.20 acres | #804936
Browse 17 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Operating Tavern with full 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 Bonus Rental Income? This is it!One bedroom apartment rented to an employee for $500/month including utilities. Month to month verbal lease. No security deposit. Remodeled 4 bedroom apartment rented to the carpenter who updated the unit for $800/month plus his own NIPSCO gas and electric. Month to month verbal lease also. No security deposit. 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!'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. As Is Addendum and Proforma attached. Need 48 hour notice to show apartments. Tavern showings much easier. All installed business fixtures and appliances to remain. Gaming ticket machine available, not necessarily included. Pool table and three amusement devices leased on a revenue split. Please contact your agent for the attachments. PLEASE DO NOT BRING CHILDREN TO SHOWINGS. THIS IS AN OPERATING TAVERN SHOWN DURING DAYLIGHT BUSINESS HOURS.

  • Interior Details
      • InteriorEntrance Foyer, Storage, Open Floorplan
    • Beds & Baths
      • Bedrooms5
      • Bathrooms3
      • Full Baths2
      • Half Baths2
  • Property Details
      • Lot FeaturesBack Yard, Split Possible, Rectangular Lot, Private, Open Lot, Level, Corner Lot
      • Lot DescriptionBack Yard, Split Possible, Rectangular Lot, Private, Open Lot, Level, Corner Lot
      • Exterior MaterialsCourtyard, Smart Camera(s)/Recording, Private Entrance, Private Yard, Lighting
      • StoriesOne and One Half
      • ViewNeighborhood
    • Measurements
      • Acres0.199
    • Parking
      • Parking FeaturesAlley Access, On Street, Unassigned, Outside, Open
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1946
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected
      • AppliancesExhaust Fan, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Freezer
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Community FeaturesCurbs, Sidewalks, Suburban, Street Lights
      • SubdivisionTurner Meyn Park
    • Location
      • School DistrictHammond
      • CountyLake
  • Financial Details
      • Taxes Annual$5,183
  • Other
      • MLS #804936

Location

Joe Martino | Martino Realty & AuctioneersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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