Listed by Ellsbury Group
$450,000
15 Rimbach Street
Details
APN 450236152016000023
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Year Built 1890
Acreage 0.134
Multifamily
Marketing 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.
Listing Contacts
Listed by Ellsbury Group
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