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$ 1,875,000
Est. payment /mo
Active
225 Carroll ST Hammond, IN 46320
14,904 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,904 sqft
Price per Sqft $125
Subdivision Towle & Youngs Add
MLS Listing ID 846563
HOA Y/N No
Year Built 1930
Annual Tax Amount $24,355
Tax Year 2025
Lot Size 0.313 Acres
Acres 0.313
Property Sub-Type Multi Family
Property Description
Excellent opportunity to acquire a recently updated 15-unit multifamily property featuring a durable brick and block exterior and a desirable mix of primarily two-bedroom apartments. The four-story building was originally constructed in 1930 and has undergone recent updates throughout the apartment units. The unit mix consists of 13 two-bedroom/one-bath apartments, one one-bedroom apartment, and one studio apartment, providing an attractive concentration of highly marketable two-bedroom units. Apartment interiors have been updated, with select units featuring granite kitchen countertops and stainless-steel appliances. Each apartment is equipped with electric heat, and select units include window air-conditioning units. Additional property amenities include 17 on-site parking spaces and a common laundry area equipped with two washers and two dryers for resident use.
Location
State IN
County Lake
Interior
Heating Other
Fireplace N
Appliance Dryer, Water Heater, Washer, Range Hood, Refrigerator, Gas Range
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Others
Tax ID 450236383020000023
Acceptable Financing NRA20261008225757010701000000
Listing Terms NRA20261008225757010701000000
Listed by Rose Real Estate • Michael Larson