4938 Walnut Avenue Hammond, IN $ 149,900
4938 Walnut Avenue
$ 149,900
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4938 Walnut Avenue

Hammond, IN, 46327
$ 149,900
Bedrooms2 Baths2.0

Monthly Estimate*

$ 898

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Multi-Family Home for sale in Hammond, IN

for $149,900 with 2 bedrooms and 2 full baths. This home was built in 1949 on a lot size of 0.109.

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

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Multi-Family Active

Price

$ 149,900

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,146

Style

Apartment

Lot Size

0.109

Year Built

1949

Town/City

Hammond

County/Region

Lake

MLS | Web ID

810436

Features
General
Interior Features Ceiling Fan(s) Storage Eat-in Kitchen Entrance Foyer
Sewer Public Sewer
Heating Forced Air Natural Gas
Appliances None
Exterior Features Awning(s) Storage Rain Gutters
Garage Spaces 1.5
Patio/Porch Features Awning(s) Front Porch
Pool Features None
Pets Allowed Yes
Year Built 1949
View Neighborhood
Township North
Levels One
Property SubType Apartment
Tax Year 2023
Community Features None
County Lake
New Construction N
Property Type Residential Income
Home Owner Assoc N
Subdivision Name La Salle Add
Garage Y/N Y
Total Rooms 9
Full Baths 1
Status Active
Directions Columbia Ave. east to 149th St. north on Walnut Ave. property on west side of street.
City Hammond
High School District Hammond
Lot Size Square Feet 4750
Tax Annual Amount 2146
Standard Status Active
Tax Assessed Value 79900
Legal Description LA SALLE ADD. L.12 BL.6
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Exterior
Fencing Back Yard Chain Link
Parking Features Concrete On Street Driveway Detached
Lot Features Back Yard Level
Water Source Public
Lot Dimensions 38*125
Lot Size Acres 0.109
Lot Size Source Assessor
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Interior
Above Grade Finished Area 1104
Half Baths 0
3/4 Baths 1
Laundry Features Gas Dryer Hookup Washer Hookup Sink In Basement
Total Bedrooms 2
Total Baths 2
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* Excluded Features
List By
Gina Avila

Listing Agent

@Properties/Christie's Intl Re

Broker

gina@realestatebygina.com

Email

Affordability Calculator

$1,077
Per Month
83%
17%
0%
Monthly Principal & Interest
$898
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4001609 Elementary School
4001615 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2024$149,900 Listed Price

Map


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4938 Walnut Avenue, Hammond, IN, 46327 is a Multi-Family Home for sale at $149,900 with a lot size of 0.109. 4938 Walnut Avenue has 2 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 46327 which is in Hammond, IN