$149,900

beds

baths

1,557

square ft

4938 Walnut Avenue

Hammond, Indiana 46327

New / MLS #810436 / Multiple Unit (2-4) / Hammond

Listing information updated 9/21/2024 at 10:24am

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 rough-in, 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

Full Features

Basement:

Bath/Stubbed,Storage Space,Partially Finished,Full

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

None

Pool:

Age:

75 Years

Parking Type:

Concrete,On Street,Driveway,Detached

Parking Spaces:

1.5

Garage:

Concrete,On Street,Driveway,Detached

Room Count:

Square Feet:

1,557

Lot Size:

4750

Acreage:

0.109

Taxes & Assessments

Tax Amount:

$2,146

Tax Year:

2023

Location

Zip Code:

46327

City:

Hammond

County:

Lake

Schools

School District(s):

Hammond

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Bath/Stubbed,Storage Space,Partially Finished,Full

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

None

Pool:

Age:

75 Years

Parking Type:

Concrete,On Street,Driveway,Detached

Parking Spaces:

1.5

Garage:

Concrete,On Street,Driveway,Detached

Room Count:

Square Feet:

1,557

Lot Size:

4750

Acreage:

0.109

Tax Amount:

$2,146

Tax Year:

2023

Zip Code:

46327

City:

Hammond

County:

Lake

School District(s):

Hammond

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.