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428 Kenwood ST Hammond, IN 46324
3,840 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $130
Subdivision Hyde Park 2Nd Add
MLS Listing ID 820735
Year Built 1935
Annual Tax Amount $4,674
Tax Year 2024
Lot Size 4,138 Sqft
Acres 0.095
Property Sub-Type Multi Family
Property Description
Turnkey 5-Unit Multifamily Investment Opportunity Excellent opportunity to own a fully functional 5-unit apartment building with strong rental income in place. Four of the five units are currently tenant-occupied, generating immediate cash flow. The fifth unit--located in the basement--has just been completely remodeled and officially approved by the City of Hammond, adding even more value and income potential to the property.Strategically located just minutes from the Illinois border and in close proximity to the City of Chicago, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset.Each unit is individually metered for electric and cooking gas, with tenants responsible for their own utility costs. This setup simplifies management and enhances profitability.Don't miss out on this well-maintained building in a high-demand rental market.
Location
State IN
County Lake
Interior
Interior Features None
Heating Forced Air
Fireplace N
Appliance Refrigerator
Exterior
Exterior Feature None
View Y/N true
View true
Others
Tax ID 450601452001000023
Acceptable Financing NRA20250514191527679054000000
Listing Terms NRA20250514191527679054000000
Listed by Favela Real Estate, LLC