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642 Water ST Hobart, IN 46342
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Key Details
Sold Price $258,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,361 sqft
Price per Sqft $35
Subdivision Geo & Wm Earles
MLS Listing ID 829278
Sold Date 11/27/25
Bedrooms 5
Full Baths 4
Three Quarter Bath 2
Year Built 1905
Annual Tax Amount $4,321
Tax Year 2023
Lot Size 7,361 Sqft
Acres 0.169
Property Sub-Type Apartment
Property Description
Excellent investment opportunity in the heart of Hobart! This 5-unit property offers a mix of one-bedroom and efficiency apartments, plus a larger 3-bedroom unit, all with strong rental history. With a total living area of 2,738 sq. ft. and on-site basement storage/common area, the property is both functional and efficient. Off-street parking available for tenants. Conveniently located near downtown Hobart, schools, shopping, and Lake George. A solid income-producing property ready to generate immediate cash flow for an investor!
Location
State IN
County Lake
Interior
Interior Features Other
Heating Baseboard, Common, Unit Control, Hot Water
Fireplaces Number 1
Fireplace Y
Appliance Dryer, Washer, Refrigerator, Range
Exterior
Exterior Feature Private Yard
View Y/N true
View true
Building
Lot Description Back Yard
Story Two
Others
Tax ID 450932302006000018
SqFt Source Assessor
Acceptable Financing NRA20250926135554371972000000
Listing Terms NRA20250926135554371972000000
Financing Other
Pets Allowed Call
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Bought with McColly Real Estate
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