Residential Income For Sale

5969 Park Place, Hammond, Indiana

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Property Description

Excellent Investment or Owner-Occupant Opportunity – 5969 Park Pl, Hammond, IN. Discover a well-maintained four-unit multifamily property on a quiet residential street in Hammond. This solid asset features a desirable unit mix of one 2-bedroom/1-bath unit and three 1-bedroom/1-bath units, offering strong rental appeal and flexibility for both investors and owner-occupants. The building spans 3,560 square feet and is easy to manage, with tenants paying their own gas and electric, while the owner covers water, sewer, and trash. Each unit offers comfortable layouts and individual heating systems, contributing to tenant satisfaction and long-term stability. Conveniently located in Lake County, the property provides quick access to multiple highways, making it attractive to commuters. With stable income in place and room for growth, this is an ideal opportunity for an investor seeking reliable cash flow or an owner-occupant looking to live on-site while generating rental income.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA831955
Price : $319,000
Bedrooms : 5
Rooms : 0
Bathrooms : 4
Half Bathrooms : 0
Year Built : 1915
Lot Area : 4,400 Sqft
Status : Active
Acres : 0.101
Property Subtype 1 : Quadruplex
Status : Active
Features
Heating System : Baseboard
Pet Policy : Yes
Exterior Features : Other
Interior Features : Other
Appliances
Appliances : Other
Address Map
Country : US
State : IN
County : Lake
City : Hammond
Street : Park
Street Number : 5969
Street Suffix : Place
Postal Code : 46320
Floor Number : 0
Longitude : W88° 28' 51.4''
Latitude : N41° 36' 15.9''
Directions : Driving East on I-94 take I-41 exit going north. Continue for 3 miles, turn left on Highland Street. After a half mile turn right on Park Pl and property in on the right.
Subdivision : Harrison Park Add
Township : North
MLS Addon
Office Name : Ellsbury Commercial Group LLC
Listing Agent MLS ID : NRA19030
Listing Office MLS ID : NRA2314
Annual Tax Amount : $5,309
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA831955
  • Bedrooms : 5
  • Bathrooms : 4
  • Lot Area : 4,400 Sqft
$319,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent