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2947 165th Street, Hammond
$154,900
3 Beds ⋅ 2 Baths
Bring your vision to this Hammond home, which is mid-renovation and ready for your customization. It was formerly a 4-bedroom, so you can add that room back or keep the open main level as extra living space. There are bathroom locations on both floors, with permitted rough plumbing already completed and inspected by the city, so you can design the finished bathrooms your way. The big-ticket items are done: a new roof, and a new furnace with added ductwork for comfort on the second floor. Choose your own finishes and renovate it to suit. It's a rare chance to customize a home from the ground up and build in equity. Renovation loan buyers are welcome. Ask about financing options, such as FHA 203(k) or Fannie Mae HomeStyle, that can roll the purchase and the remaining work into one loan.

2947 165th Street, Hammond

6429 S Kennedy Avenue Unit #31, Hammond
$525,000
Incredible investment opportunity in Hammond! This 6-unit mixed-use building is a turnkey income generator with solid cash flow and massive upside. Perfectly situated on a high-visibility corner lot at Kennedy and Cleveland, the property boasts flexible Commercial C4 zoning--ideal for nearly any business type. The building features 3 vibrant commercial/retail spaces on the main level (currently home to a busy beauty salon, Herbalife retail, and a retail store) and 3 residential units above (two spacious 2-bedroom apartments and one cozy studio apartment). Additional revenue is generated by an attached 3-car garage. Located just minutes from major transit routes, local parks, and the bustling Indianapolis Blvd retail corridor, this location ensures a steady stream of foot traffic and tenant demand. Current Monthly Income Breakdown: Event Space: TBD/mo Beauty Salon: 1,500/mo 2-Bed Apt (Leased): 950/mo Herbalife Retail (M2M): 900/mo 2-Bed Apt (Leased): 800/mo 3-Car Garage (M2M): 600/mo Studio Apt (Leased): 400/mo Total Gross Income: 78,600/year. Don't miss out on adding this versatile, high-yield asset to your portfolio! Subject to tenant rights.

6429 S Kennedy Avenue Unit #31, Hammond

Updated . Information deemed reliable but not guaranteed.