6405 Kennedy Avenue Active

Hammond,IN 46323

$ 320000

- Bed

- Bath

3724 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,724 sqft

Price per Sqft $85

Subdivision Turner Meyn Park

MLS Listing ID 804933

Year Built 1946

Annual Tax Amount $5,183

Tax Year 2023

Lot Size 8,668 Sqft

Lot Dimensions 58 X 150

Property Description

Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Operating Tavern with 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 employee for $500/month including utilities. Month to month verbal lease. No security deposit. 4 bedroom apartment rented to the carpenter who updated the unit at $800/month plus his own NIPSCO gas and electric. Month to month verbal lease also. No security deposit. Long time (26 years) 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 kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360/month. Need 48 hour notice to show apartments. Tavern showing easier. As Is Addendum attached. Business fixtures and all appliances included. Pool table, amusement devices leased on a revenue split basis. Gaming ticket machine does not stay unless paid off by new owner. ProForma attached. Ask your agent for a copy. SHOWN DURING DAYLIGHT BUSINESS HOURS. THIS IS AN OPERATING TAVERN. CHILDREN ARE NOT ALLOWED IN TAVERNS IN INDIANA

Location

State IN

County Lake

Zoning Mixed Use

Interior

Interior Features Bar,Storage,Open Floorplan,Entrance Foyer

Heating Forced Air,Separate Meters,Natural Gas

Cooling Central Air,Window Unit(s),Separate Meters,Varies by Unit,Multi Units,Electric,Exhaust Fan

Flooring Varies

Fireplace No

Appliance Exhaust Fan,Free-Standing Freezer

Exterior

Exterior Feature Courtyard,Lighting,Smart Camera(s)/Recording,Private Yard,Private Entrance

Garage Alley Access,On Street,Unassigned,Outside,Open

Utilities Available Cable Available,Water Connected,Electricity Connected,Sewer Connected,Natural Gas Connected

Roof Type Elastomeric

Building

Lot Description Back Yard,Private,Rectangular Lot,Open Lot,Level,Corner Lot

Story 1

Foundation Concrete Perimeter,Slab

Structure Type Block,Vinyl Siding

Schools

School District Hammond

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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