Location! Location! Location! Solid brick four unit value add opportunity. With a location off of busy Hohman Avenue between downtown Hammond, Munster shopping district, Purdue University Northwest, Chicago and interstates, this property is a prime real estate investment for any investor and a proud addition to any investment portfolio. Value add opportunity with full basement and washer/dryer hookup for coin laundry and storage options for tenants. Current rents are below market but each tenant is on month to month lease, providing opportunity for immediate rental increase. Other features include, off-street parking, balcony, tenant paid electrical and gas. Each unit features one bedroom, bathroom, eat in kitchen, hardwood floors and living room. A solid property and investment.
Off market
Zestimate®
$262,200
254 Locust St, Hammond, IN 46324
4beds
4baths
2,574sqft
MultiFamily
Built in 1927
-- sqft lot
$262,200 Zestimate®
$102/sqft
$1,574 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Interior area
- Total interior livable area: 2,574 sqft
Property
Lot
- Size: 5,845 sqft
Details
- Parcel number: 450612179012000023
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Yes
Community & neighborhood
Location
- Region: Hammond
Other
Other facts
- Sewer: Yes
- Municipal Water: Yes
- Property Subtype 1: Income Property
- Status: Contingent - SI
- Transaction Type: Sale
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$262,200
2% more+$5,244
With Zillow Showcase(estimated)$267,444