INVESTMENT OPPORTUNITY!!! Choose to live in one unit while leasing out the other, or lease both units for maximum revenue. The main floor unit boasts three bedrooms, one full bathroom, a spacious kitchen with stainless steel appliances, dining room, living room, and family room with beautiful wainscoting and custom built in shelving. Other amazing features include, vinyl windows, laminate flooring and beautiful craftsman style trim work throughout. The main floor unit also has access to the massive unfinished basement which provides tons of storage space and the laundry facility. The 2nd floor unit boasts 3 bedrooms plus an office, a large kitchen with island and stainless steel appliances, living room, rec room, and dining room. Featuring hardwood flooring, craftsman style trim work and vinyl windows throughout. This all brick building is situated on a fenced-in DOUBLE LOT with a 2.5 car garage! Located within close proximity to expressways and the Illinois boarder. Don't let this incredible investment opportunity pass you by.
Looking for a multi-family rental property in a great area? Look no further! With a little bit of TLC, this property could be a money-maker! This will be a great property for an investor looking to earn some rental income, or an owner occupant who wants to live in one of the units and utilize the others to pay their mortgage. Don't miss out on this exciting opportunity because this one will go fast!
Are you ready to take on the role of a landlord? A vacant two-unit residential property is on the market, looking for its next owner. You're presented with choices: live in one unit and rent out the other, or lease both units to tenants, as they are ready for move-in. Each unit boasts three bedrooms, a full bathroom, appliances, and in-unit washer and dryer connections with laundry closets, providing the convenience of home laundry facilities. A full basement provides extra storage or could be used as a shared space for tenants. The property is ideally situated near the expressway, with easy access to Chicago.
MULTIPLE OFFERS RECEIVED, highest and best due by 6 PM on Sunday, 10/20. Unique find - ALL BRICK Two Flat and ALL BRICK Cottage Home! THREE INCOME PRODUCING UNITS with side yard and LARGE 2 CAR GARAGE! The 1 bed, 1 bath cottage house with living room and basement with laundry facilities is currently rented for $850. This accessory unit was completely remodeled in May 2021 including but not limited to the REFINISHED HARDWOOD FLOORS, Updated Kitchen with New Appliances, and New MODERN Full Bath! Lease ends June 2025. Main floor unit of the duplex is a 2 bedroom, 2 bath currently being used as a 3 bed currently rented for $1200 monthly. From the 1st floor you have access to the basement which has ANOTHER HALF BATH, owner-provided washer and dryer, and PLENTY of storage space. Lease ends February 2025.Upstairs unit of duplex is a 2-3 bedroom, 1 bath, with large eat-in kitchen, Stainless Steel kitchen appliances and living room. It is currently VACANT and waiting for new renters or an OWNER OCCUPANT!All units have separate furnaces and water heaters. One water/trash/sewage bill paid by owner which is approximately $100 monthly. Conveniently located by shops, restaurants, burgeoning downtown Hammond, and the upcoming Southshore train station. A SHORT TRIP TO CHICAGO for work or play!
All-Brick Duplex with Income Potential!! each unit has 2 bedrooms, 1 bathroom large living room with hardwood floors through out and a large kitchen on the main level. The walk out basement adds extra space with a bathroom and two 2 bonus rooms spacious family room, and you know what makes it better... basement has a two way entrance/exit through main level or through the backyard you need to see it to see the potential this duplex has to offer. 2-car detached garage and fully fenced in back yard, think what you can do with all this space ? live in one unit and rent the other help yourself to buy smart! both units are currently rented producing generously great income. schedule a showing today this is a great opportunity you don't want to miss.
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!
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!
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!
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.
The median home value in Hammond, IN is $180,000. This is lower than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in Hammond, IN is $180,000. Approximately 55.02% of Hammond homes are owned, compared to 35.75% rented, while 9.23% 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, Indiana has a population of 77,491. Hammond is less family-centric than the surrounding county with 24.82% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Hammond, Indiana is $48,107. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Hammond is 36.3 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 38.2 inches per year, with 33.3 inches of snow per year.