Movoto Real Estate
Sold on 07/02/2024

1010 Hoffman St, Hammond, IN 46327

  • $162,000

    Last sold 07/02/2024 for $200K

  • 7

    bed

  • 4

    bath

Multi-family not for sale
Movoto is helping 56 homebuyers near you

About 1010 Hoffman St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 3,136 Sqft
Movoto estimate
Property description
Calling all investors and house hackers! This prime investment opportunity presents a 3-unit building brimming with potential. Strategically positioned near highways, schools, parks, and the IN/IL border, this property offers convenience and accessibility.The main level unit features 3 bedrooms and 2 baths, while the two top units offer 2 bedrooms and 1 bath each, along with generously sized living rooms. Tenants are responsible for gas and electric utilities.With estimated rents ranging from $1200 to $1500 per month for the 3-bedroom unit and $1000 to $1200 per month for each 2-bedroom unit, the potential for robust rental income is evident. Estimated CAP rate falls between 15-20%, underscoring the lucrative nature of this income-producing investment property.Don't miss out on this exceptional opportunity to expand your portfolio or embark on your house hacking journey. Schedule your showing today and seize the chance to capitalize on this lucrative investment venture!
Listed by
Listing Agent - Jeff McCormick
Listing Office - McCormick Real Estate, Inc.
Source: NIRA mls logo
MLS#801700 • last updated 1 year ago
Movoto checked NIRA for data 6 minutes ago
Overview
Heating Central, Natural Gas
Levels/Style Multi/Split, Two
Type Residential Income
SubType Triplex
Status Closed
MLS # 801700
Lot Size (Acres) 0.072
Lot Size (SqFt) 3136.32
Property Tax 2680
Year Built 1920
Property Condition Fixer, Updated/Remodeled
Interior
Total # of Bathrooms 4
# of Full Baths 4
# Bedrooms 7
Total # of Rooms 18
Interior Features Open Floorplan, Primary Downstairs
Appliances Refrigerator
Exterior
Parking Desc Off Street, Paved, Other
Exterior Features Awning(s), Private Yard, Storage, Rain Gutters
Lot Dimensions 25x125
Lot Desc Back Yard, Near Public Transit
Patio/Porch Awning(s)
Fencing Back Yard, Fenced, Chain Link
Amenities / Utilities
Electricity Circuit Breakers
Utilities Cable Available, Water Available, Water Connected, Sewer Available, Sewer Connected, Electricity Available, Natural Gas Connected, Natural Gas Available, Electricity Connected, Cable Connected
Water Source Public
Pool None
Security Features Smoke Detector(s)
Location
View Neighborhood
County Lake
Subdivision Stafford & Trankles Add
Community Features Curbs, Street Lights, Sidewalks
High School District Hammond
Directions West On 94/80 To Munster And Hammond, Exit 1C Onto Hwy 41 North, In 3.7 Miles Right Onto Hoffman St, Property On The Right.
APN 45-03-30-381-004.000-023
Zoning Residential
Multifamily Details
Owner Pays Sewer, Trash Collection, Water
Lot/ Land Details
Road Surface Paved
$162K
Range: $132K-$191K
Last 30 days 
  • Jul 2024
    mls logo MLS # 801700
  • Jul 2, 2024 Sold
    $200,000 (-6.9%)
  • Mar 30, 2024 Listed
    $214,900 (-2.3%)
  • Mar 2024
    mls logo MLS # 540350
  • Mar 6, 2024 Listed
    $219,900 (+122.1%)
  • Feb 12, 2024 Price Change
    $224,900 (-2.2%)
  • Nov 20, 2023 Price Change
    $229,900 (-4.2%)
  • Nov 15, 2023 Price Change
    $239,900 (-4.0%)
  • Nov 9, 2023 Price Change
    $249,900 (-3.8%)
  • Nov 3, 2023 Price Change
    $259,900 (-3.7%)
  • Oct 22, 2023 Listed
    $270,000 (+125.0%)
  • Feb 2024
    mls logo MLS # 503298
  • Feb 28, 2024 Sold
    $99,000 (-56.0%)
  • Mar 1, 2022 Sold
  • Feb 7, 2022 Active Undr Contract
  • Dec 20, 2021 Deal Fell Through
  • Dec 4, 2021 Active Undr Contract
  • Nov 17, 2021 Deal Fell Through
  • Nov 6, 2021 Active Undr Contract
  • Nov 3, 2021 Price Change
    $120,000 (+20.0%)
  • Oct 28, 2021 Listed
    $100,000
  • 1010 Hoffman St
    $200K
  • Stafford & Trankles Add
  • 46327
    $174K -12% y/y
  • Hammond
    $199K -7% y/y
No chart available
Statistics calculated by Movoto

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3/10
Washington Irving Elementary School
public Grades PK, K-6
School City Of Hammond
4/10
Henry W Eggers Elem/Md School
public Grades 7-8
School City Of Hammond
2/10
Hammond High School
public Grades 9-12
School City Of Hammond
Source: GreatSchools.org © 2026. All rights reserved.

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Newest listings in 46327

  • Real Estate
  • IN
  • Lake County
  • Hammond
  • 46327
  • 1010 Hoffman St
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