2 Units . Investors? Already has tenants till Feb & June 2025. UPPER UNIT has 2 BR's & 1 Bath. MAIN LEVEL has 3 BR's 1 Bath. Living room and Dining room. Plus an enclosed porch that can be of many uses. BR 3 doesnt have a closet, so part of the porch could be modified for a regular size to a walk in closet. Main floor unit also has a full basement, with laundry facility. Aprox 250 S.F. semi finished as a game room. The basement also has awalk through a service door, PLUS the interior stairway. 1 Furnace, main floor controlls heat and A/C. A/C isn't strong enough to cool the upper level. Upper unit pays for it's own electric and gas for range / oven. Main level pays their gas and electric. Rent is discounted for supplying heat to upper unit... Home does need some TLC. Both units are currently rented. Upper range and fridge stay with unit. Lower unit appliances and W & D belong to tenant. Subject to Tenants rights.
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
This 2-unit property is fully occupied with tenants current on rent, providing immediate income. Each spacious unit features 4 bedrooms and 2 baths, offering great living space for tenants. Recent updates include new roof 2022, new siding 2021, and sealed basement with new sidewalks in 2021. 1st floor unit was rehabbed in 2021 and further updated in 2024. Several new windows installed in 2023. Don't miss out!
Welcome to this versatile 2-unit ranch duplex, offering a unique blend of comfortable living and investment potential. The main house features 2 bedrooms and 1 bath, spanning a spacious 1,900 total square feet, including an unfinished basement that provides ample storage or the potential for additional living space. The bedrooms in the main unit boast beautiful hardwood floors, adding a touch of warmth and character to the home.The second unit is a charming 1-bedroom, 1-bath apartment situated above the 2-car garage. This setup is perfect for those looking to live in the main house while renting out the second unit to generate income, or for investors seeking a great rental property with dual income streams. The layout offers flexibility and privacy for both units, making it an ideal option for extended family living, guest accommodations, or simply maximizing rental potential. The 2-car garage provides convenient parking and additional storage space for both units. Don't miss out on this great investment property with endless possibilities.
Secure your future with this split-level, dual-unit property. Choose to live in one unit while leasing out the other, or lease both units for maximum revenue. Each identical unit boasts three bedrooms, one bathroom, a modern kitchen with stone countertops, and is finished with hardwood floors and luxury vinyl. Charming built-in shelves enhance the space. Both units feature a laundry room. Extra storage is available in the basement. Enjoy the park view from the front and the local ambiance, plus the convenience of proximity to Purdue University and the expressway. Seize this outstanding investment opportunity--schedule your viewing today!
Check out this 2 unit building on the South side of Hammond. This property offers a main floor unit with 2 bedrooms, 1 full bathroom, a large living room, dining room, and spacious kitchen! The upstairs unit offers 3 bedrooms, 2 bathrooms, a large living room, kitchen and eating area. There is also an unfinished basement that could be turned into a 3rd unit!
Two buildings on one lot. Both are in decent shape. The front one has 2 units. Each pays their own utilities. The rear unit has an apartment on the second floor. The main floor has a garage and plenty of storage.
HUGE PRICE ADJUSTMENT $320,000!!!!! House Hack! This charming recently updated home is perfect for investors seeking a reliable source of passive income. Located next to the post office and adjacent to a highly desirable neighborhood. This property is zoned commercial with the residence in the rear. Both parcels are included in this listing. Residents will enjoy close proximity to local shops, restaurants, and minutes away from the expressway. The neighborhood is known for its vibrant community and growing economy making it a desirable place to live. With the area's steady appreciation in property values, this investment not only offers passive income but also significant long-term potential. The two bed, two full bath home Features a spacious living/dining area, updated kitchen with new stainless steel appliances, new flooring, and fresh paint throughout. The business includes fixtures and equipment. This low maintenance high demand opportunity is perfect for owner-occupants or investors looking to generate rental income or add to their investment portfolio. Schedule your private viewing to see firsthand the quality and potential of this property.
Income-Producing Gem! This multi-unit property in Hammond, near the Illinois-Indiana border, offers unbeatable convenience with proximity to the South Shore and Metra Lines. Included is an expansive extra-wide lot, perfect for development with endless possibilities. Rents can easily go up: market rents are higher. Exciting news: the upcoming West Lake Corridor train line project by the Northern Indiana Commuter Transportation District is actively progressing, enhancing the area with relocated utilities and new infrastructure. Theeight-mile extension of the South Shore Line will soon bring commuter trains through high-growth areas like Hammond, Munster, and Dyer. Don't miss out on this prime investment opportunity in a rapidly developing region!
Super Site at a Kennedy Avenue Stoplight Corner in Hessville. 2 Apartments, Tavern with full kitchen. Extra lot with large area for potential paved parking lot fronting on Cleveland St. Another fenced open area fronting Kennedy suitable for Beer Garden or building expansion.Always wanted to own a bar with Bonus Rental Income? This is it!One bedroom apartment normally rents for $800/month including utilities. Month to month lease. 4 bedroom apartment normally pays $1200/month plus their own NIPSCO gas and electric. Month to month lease also. Long time current owner operates the tavern, enjoys a booming business. 3 way liquor license included in package. Retiring early? '30 and out' from the mill? Want to stay busy? Call your agent to see this bargain!Gross income shown is for the rentals, not the business income. 'Electricity' expense shown includes electric for the tavern, one bedroom apt, and the kitchen. Water expense includes the sewer bill. Insurance expense is factored out for the building. Business and building insurance total is $360/month. Rent on the one bedroom is reduced to $500. while tenant is employed by tavern. Rent on the four bedroom also reduced by $400 to repay tenant for the newly installled windows upstairs. As Is Addendum and Proforma attached. Need 48 hour notice to show apartments. Tavern showings much easier. Working on list of business fixtures that ar included. Will be attached to listing. Please contact your agent for the attachments.
Looking to start your investment portfolio or to add to it? Here is a fantastic opportunity! This property features two large units. Main floor unit offers 3 bedrooms and 2 bathrooms. Upper unit offers 2 bedrooms and 2 bathrooms with a potential third bedroom. Excellent investment to generate steady rental revenue. Legal two unit that has been fully inspected and approved by the city. Ideal for those ready to invest some effort and care into it.
Check out this duplex in Hammond, Indiana! The first unit offers 3 bedrooms and 1 bath, while the second unit features 2 bedrooms and 1 bath. Each unit has its own private entrance for added privacy. Both units share a new back deck. Located close to schools, parks, and shopping, this duplex is a great find.
SELLER FINANCING AVAILABLE WITH AS LITTLE AS 10% DOWN! - Buyer must qualify with full application, credit check, background check and income verification. 2 unit building with a full basement, detached 2 car garage and 6 exterior parking spaces. Full basement with exterior access that is ideal for additional storage. Detached 2 car garage for additional storage or income. Conveniently situated near major shopping, schools, parks, hospital, public transportation, minutes to the City of Chicago, Lake Michigan Shoreline, Airports and so much more.
Hammond is located in Indiana. Hammond, Indiana has a population of 77,827. Hammond is more family-centric than the surrounding county with 27.55% of the households containing married families with children. The county average for households married with children is 27.3%.
The median household income in Hammond, Indiana is $44,427. The median household income for the surrounding county is $52,559 compared to the national median of $57,652. The median age of people living in Hammond is 33.9 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 39.3 inches per year, with 27.8 inches of snow per year.