Kiser Group is pleased to present 19 Rimbach Street, a five-unit multifamily asset located in the heart of Hammond’s revitalizing downtown corridor. The property includes four one-bedroom units in the front building and a four bedroom-unit in the detached rear structure, all situated on a 0.05-acre parcel. The one-bedroom units average 625 square feet and remain fully occupied, supported by strong rental demand and an efficient, walkable location. Built in 1897 and well maintained, the property provides stable in-place income with clear value-add potential. Current rents sit below local benchmarks, allowing for upside through modest interior improvements. The rear structure presents a unique opportunity to convert the space into a four-bedroom rental unit, which could generate approximately $1,600+ per month, materially enhancing overall cash flow.