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6405 Kennedy Avenue, Hammond, IN 46323

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For Sale

$320,000

5 beds • 2 baths • 2 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 804936

Courtesy Of Moke Realty, Inc.

(219) 662-3000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Security System, Security System
  • Appliances
    Freezer, Range, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 6405 Kennedy Avenue, Hammond, IN 46323

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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