5969 Park Pl - Multi-Family FOR SALE


Hammond, IN 46320
$319,000 USD
630-418-3093
5969 Park Pl, Hammond, IN for Sale
$319,000 USD
Multi-Family - FOR SALE
1/23
null | 7.44% Cap Rate

5969 Park Pl
Hammond, IN 46320


OVERVIEW

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. Please contact Andy Page for a showing. 630-418-3093. andy.page@ellsburygroup.com

FOR SALE DETAILS

PRICE

$319,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

4

PRICE/UNIT

$79,750

CAP RATE

7.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5969 Park Pl, Hammond, IN 46320 4 units

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

45-06-01-178-011.000-023

ASK ABOUT THIS PROPERTY

Andy PageEllsbury Commercial GroupMore Info
630-418-3093

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Andy PageEllsbury Commercial GroupMore Info
630-418-3093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.