Mixed use building with solid, long-term commercial tenants and residential units. Only 30 minutes to downtown St. Paul.(2) one-bedrooms, (1) two bedroom unit. All of the residential units have been fully renovated with new floor, kitchens, appliances, and updated bathrooms. 2 of the commercial spaces have been fully renovated and 2 have not been touched due to long term tenants. New roof in 2023, rooftop furnace/AC in 2022, water heaters in 2022, Split sub-panels for residential units. Lots of major updates have been completed, yet room to add value by raising rents, adding coin-op laundry and splitting utilities. Current cap rate of 9.69%
The median home value in Hammond, WI is $372,450. This is higher than the county median home value of $366,700. The national median home value is $338,100. The average price of homes sold in Hammond, WI is $372,450. Approximately 66.44% of Hammond homes are owned, compared to 30.89% rented, while 2.67% are vacant. Hammond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hammond real estate agent to arrange a tour today!
Hammond, Wisconsin has a population of 2,196. Hammond is less family-centric than the surrounding county with 26.52% of the households containing married families with children. The county average for households married with children is 36.22%.
The median household income in Hammond, Wisconsin is $74,167. The median household income for the surrounding county is $91,320 compared to the national median of $69,021. The median age of people living in Hammond is 35.1 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 32.3 inches per year, with 45.1 inches of snow per year.