We are pleased to present a compelling 6-unit multifamily investment opportunity in the established Hammond, Indiana rental market. This unique asset features a desirable unit mix of six 1-bedroom / 1-bath apartments, comprised of a 4-unit main building and a separate 2-unit coach house--offering an attractive layout for both operational flexibility and tenant appeal. The property benefits from strong demand for affordable, well-located rental housing in Northwest Indiana, making it an ideal opportunity for both seasoned investors and owner-operators seeking stable cash flow with long-term upside. Conveniently located near major highways, retail corridors, employment centers, and commuter access to Chicago, the property is well-positioned to attract and retain tenants. This is an excellent opportunity to acquire a multi unit asset with immediate income potential and future upside through continued operational optimization and rental growth.
70 days
|
420
|
20
|
Zillow last checked:
Listing updated:
Listed by:
Andrew Page,
Ellsbury Group219-200-5133,
Tariq Suboh,
Ellsbury Group
Source: NIRA as distributed by MLS GRID,MLS#: 839212
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6
Heating
Baseboard
Appliances
Included: Stainless Steel Appliance(s), Refrigerator, Other
Features
Other
Basement: Unfinished
Has fireplace: No
Interior area
Finished area above ground: 3,196
Property
Parking
Total spaces: 2
Parking features: Garage
Garage spaces: 2
Features
Levels: Two
Has view: Yes
View description: Neighborhood
Lot
Size: 5,837 Square Feet
Features: Other, Near Public Transit
Details
Parcel number: 450236152016000023
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Condition
New construction: No
Year built: 1890
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.