1116 119th Street, Hammond, IN, 46394

1116 119th Street Hammond, IN 46394

1116 119th Street, Hammond, IN, 46394
1116 119th Street, Hammond, IN, 46394 1116 119th Street, Hammond, IN, 46394 1116 119th Street, Hammond, IN, 46394
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$550,000
Last Verified:
May 17, 2024

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Highlights

  • Below Market Rents!
  • Vacant Retail Unit - Owner/User Opportunity!
  • Close to Downtown Whiting!

Description

Great opportunity to own a 9-unit mixed-use apartment building near Downtown Whiting. Great upside with Below-Market Rents. Main floor retail space is vacant and could be ideal for Owner/User. Landlord pays Water, Garbage, Insurance. Heat supplied by Boiler for 6-apartments (Landlord pays). All unit are metered separately for electric (Tenants pay). Full basement.

Located 1-block west of Indianapolis Blvd and along famous 119th Street in Whiting. Lined along other mixed use buildings, Peoples Bank, local candy store, a laundromat and St. John the Baptist Church.


Year Built: 1909
Building Size: 8121sq ft
Lot Size: 0.07 acres

Map of 1116 119th Street, Hammond, IN, 46394

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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