Smart investment meets everyday convenience in this well-maintained single-family income property located in Hammond's desirable Woodmar neighborhood--just minutes from Purdue Northwest. Whether you're an investor looking to generate immediate rental income or a first-time buyer seeking a property that pays you back, this opportunity checks the right boxes. With 2 bedrooms and 1.75 baths across 900 finished square feet (plus a full basement for added storage or potential expansion), the home delivers both function and flexibility. A spacious backyard offers room to relax, entertain, or garden--rare in this part of town. Currently tenant-occupied, this property provides steady cash flow from day one. Located near public transit, shopping, and university life, it's perfectly positioned to attract long-term tenants or become your own conveniently located home with income potential. Don't miss your chance to own in a growing area with strong rental demand and solid community appeal. Showings available with 24 hours in advance notice on Tuesdays, Thursdays and Sundays--please respect tenant privacy. Home will be sold AS-IS.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 7
- Basement Features: Bath/Stubbed, Sump Pump, Full
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Interior Features
- Ceiling Fan(s)
- Recessed Lighting
- Laminate Counters
- Eat-in Kitchen
Appliances
- Dishwasher
- Dryer
- Laundry Features: Gas Dryer Hookup, Washer Hookup, Lower Level
Heating and Cooling
- Heating Features: Forced Air, Natural Gas
Exterior and Lot Features
- Private Yard
- Front Porch
- Patio And Porch Features: Front Porch
Land Info
- Lot Description: Back Yard, Front Yard, Corner Lot
- Lot Size Acres: 0.17
- Lot Size Square Feet: 7405
Garage and Parking
- Garage Spaces: 2
- Garage Description: Total Spaces: 2
- Parking Features: Driveway, On Street, Garage Faces Side, Garage Door Opener
Home Features
- View: Neighborhood
- Security Features: Smoke Detector(s)
Rental Info
- Gross Income: 14400
- Rent Includes: Sewer, Water, Trash Collection
Homeowners Association
- Association Fee Frequency: Annual
- Calculated Total Monthly Association Fees: 0
- Pets Allowed: Yes
School Information
- High School District: Hammond
- School District: Hammond
Multi-Unit Info
- Number of 2 Bedroom Units: 1
Other Property Info
- Annual Tax Amount: 3271.380000000
- Source Listing Status: Active Under Contract
- County: Lake
- Directions: 169th to Osborn; go north; House is last one on the right (east) side.
- Tax Year: 2024
- Source Property Type: Residential Income
- Insurance Expense: 99
- Property Subtype: condo
- Source Neighborhood: Forestdale
- Owner Pays: HVAC Maintenance, Water, Trash Collection, Taxes, Sewer
- Parcel Number: 007263301110001
- Subdivision: Forestdale
- Township: North
- Zoning Description: Residential
- Property Subtype: Apartment
- Source System Name: C2C
Building and Construction
- Year Built: 1954
- Above Grade Finished Area: 900
- Below Grade Unfinished Area: 900
- Levels: One
- Property Age: 71
- Property Condition: Fixer
Utilities
- Electric Expense: 300
- Sewer: Public Sewer
- Electricity Connected
- Water Connected
- Natural Gas Connected
- Water Source: Public
Accessibility Features