$329,900
$20K PRICE DROP

5969 Park Place Hammond, IN 46320

Estimated payment $2,260/month

Total Views 2,766
5 Beds
4 Baths
3,560 Sq Ft
$93 Price per Sq Ft

Highlights

  • Neighborhood Views
  • Landscaped
  • Carpet
  • Balcony
  • Hot Water Heating System

About This Home

Turnkey 4 units in a great quiet neighborhood. The main floor unit is a huge 2 bed unit vacant and ready for you to move in. Upstairs you'll fine two 1 bed units and a detached 1 bed cottage is behind the building. All 1 bed units are occupied with great paying residents. Super attractive building that is easy to acquire and retain long term tenants. Great cash flow property being offered at nearly an 8 cap.

Listing Agent

Adrien Chabot

Listing Leaders Prestige LLC License #RB17000988 Listed on: 08/18/2025

Listing Leaders Prestige LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1915

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry on lower level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Landscaped

Listing and Financial Details

  • The owner pays for electricity, water, snow removal, sewer, gas
  • Rent includes sewer, water
  • Assessor Parcel Number 450601178011000023
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Harrison Park Add Subdivision

Building Details

  • Electric Expense $2,257
  • Trash Expense $1,100
  • Water Sewer Expense $1,165
  • Gross Income $47,000

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,060

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Landscaped
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2063
  • Subdivision Name: Harrison Park Add
  • Above Grade Finished Sq Ft: 3560
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • WaterExpense: 1165.00
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Interior Amenities: Other
  • Basement: Unfinished
  • Flooring: Carpet, Vinyl, Laminate
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Private Yard
  • Acres: 0.101
  • Waterfront: No

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water

Fee Information

  • Trash Expense: 1100

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Size Sq Ft: 4400
  • Additional Parcels: No
  • Parcel #: 450601178011000023

Rental Info

  • Pets Allowed: Breed Restrictions
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Electricity, Water, Snow Removal, Sewer, Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6060

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 2257
  • Annual Gross Income: 47000

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Price Changed $329,900 -5.7% $93 / Sq Ft
08/18/2025 08/18/25 For Sale $349,950 -- $98 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 826238

Northwest Indiana Association of REALTORS®

APN: 45-06-01-178-011.000-023

Indiana Lake County Hammond 46320

5969 Park Place, Hammond, IN

This home is located at 5969 Park Place, Hammond, IN 46320 and is currently priced at $329,900, approximately $92 per square foot. This property was built in 1915. 5969 Park Place is a home located in Lake County with nearby schools including Kenwood Elementary School, Eggers Middle School, and Hammond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Adrien Chabot
Section Image
Listing Leaders Prestige LLC
(219) 327-2044