Rachel Earl
BEDS6
BATHS6 full
MLS#839212
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDrackerts Add 02
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Garage: 2
Heating: Baseboard
Lot Size: 0.13 Acres
Stories: 2.0
Taxes: $10,017
Year Built: 1890
Appliances
Gas Range
Stainless Steel Appliance(s)
Refrigerator
Feature Descriptions
Days on Site: 78
Lot: Near Public Transit
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Ellsbury Group
Agency Phone: (219) 200-5133
Shown By
Agent Name: Rachel Earl
Agent Phone: (317) 600-8448
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 3,336.04 per month $2,377.33 Principal & Interest $834.75 Property Tax $123.96 Homeowner's InsuranceChange Payment Information
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15 Rimbach Street | MLS# 839212
This multi-family property located at 15 Rimbach Street, Hammond, IN 46320 is currently listed for sale with an asking price of $425,000. Search Hammond real estate on rachelearl.ikeyrealty.com today.