10-12 Waltham Street

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10-12 Waltham Street

Hammond, IN 46320
Asking Price
$140K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Three-unit apartment building located in Hammond, Indiana
  • Asset is priced at an asking price of $139,900
  • Multifamily property positioned in the heart of the city
  • Investment located at 10-12 Waltham Street in ZIP 46320
  • Property situated within the greater Chicago metropolitan area

What's Special

This 3-unit multifamily apartment building sits in the heart of Hammond, Indiana. The property provides a residential investment option within a city recognized as a major industrial hub of the Chicago metropolitan area, benefiting from proximity to regional transportation networks and stable employment sectors. Investors in the region often target these asset types for their potential to provide reliable housing for local commuters and long-term workforce residents. With its current configuration, the building serves as a practical addition to a residential real estate portfolio in a market that remains an essential component of the greater Northwest Indiana economy. The layout and sizing are well-suited for a straightforward management approach in this established residential submarket.

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NOI
$80,000
Cap Rate
57.18%
DSCR
9.63
Strong
Cash-on-Cash
170.82%
Monthly Payment
$692.149
Annual Cash Flow
$71,694.214

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