$144,900

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4938 Walnut Avenue Hammond, IN, United States 46327

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 ready for a remodel, 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

Amenities

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 0
  • Property Type: MU
  • Home size: 1,557 ft2 / 144.65 m2
  • MLS: 810436
  • Status: Active

Property brokered by

@properties Christie’s International Real Estate

(312) 506-0408

Get more listing details on brokerage site

Presented by Gina Avila

  • (219) 577-6588

Contact Gina Avila

Contact Agent

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