6405 Kennedy Avenue
Hammond,
IN
46323
Property Details
List Price: |
$320,000 |
Beds: |
5 |
Baths: |
5 |
Status: |
Active |
SqFt: |
-- |
Agency: |
Moke Realty, Inc. |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1946 |
Notes: |
Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Tavern with leased 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!Bar kitchen contracted out for $100/week plus that tenant pays NIPSCO gas for kitchen, the tavern, and the one bedroom apartment. (This apartment rents for $800/month including utilities. Month to month lease.) 4 bedroom apartment 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. Per State Law, alcohol inventory to be settled outside of the real estate sale.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. As Is Addendum attached. 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. ProForma attached. Contact your agent for copy. |
MlsNumber: |
804936 |
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Listing Provided By: |
Moke Realty, Inc., original listing |
Name: |
Moke Realty, Inc. |
Phone: |
(219) 662-3000 |
Office Name: |
Weichert, Realtors-Moke Agency |
Office Phone: |
(219) 662-3000 |
Agent Name: |
John Jurisa |
Disclaimer: |
Copyright © 2024 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |