$149,900
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4938 Walnut Avenue Hammond, IN 46327
Apartment
Residence
2
Beds
2
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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CALLING INVESTORS: 2-Bedroom Income Property with Bonus Room & Tons of Potential!Investors, take note! This delightful 2-bedroom property offers not only old-world charm but also modern possibilities for generating rental income. Enter through the welcoming foyer and be greeted by original hardwood... floors and wood trim that make this home instantly appealing. Natural light floods in, creating a bright and inviting atmosphere that tenants will love.The 2 bedrooms feature generously sized closets, ideal for renters who value storage. Plus, the versatile main-level bonus room--with tandem access--is perfect as a home office, gym, or hobby room, giving you the flexibility to market this space to a wide variety of tenants.But the real opportunity is in the unfinished basement, a blank canvas for creating additional income potential. With daylight streaming in and a 3/4 bath rough-in, it's primed for updates, whether you're looking to add more living space or add an egress window and create a secondary rental unit. The large laundry area and ample storage adds to the property's rental appeal.Outside, the fully fenced backyard provides an attractive space for outdoor activities, a key selling point for tenants who enjoy entertaining or have pets. The detached 1.5-car garage, complete with a new roof, adds value with parking and storage--a major perk for tenants. The house is ready for tenants to move right in with recent upgrades, including a new AC unit, new gutters and new kitchen flooring.Conveniently located with easy access to South Shoreline, 80-94, and the Chicago Skyway, this property is ready for its next chapter as a lucrative rental investment. SOLD AS IS
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MLS#
810436
Property Type
Apartment
Bedrooms
2
Bathrooms
1 Full
Year Built
1949
Stories
1.0
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