Remarkable investment opportunity in Historic Hammond with 9.5%+ CAP potential for savvy new operator! Well maintained 7-unit property (with 3 attached garages with 5 spaces, currently not being used/leased, and a coin operated laundry room) consisting of a mix of (1) studio unit, (4) one bedroom units, (1) two bedroom unit & (1) three bedroom unit, all with 1/2 bathrooms. Many recent updates including rubber roof, brand new boiler with transferable warranty, some cosmetic updates in larger units. Located near the incoming South Shore Train Extension and just north of Downtown Hammond on main thoroughfare with easy access to Chicago's bustling business district. Some units metered separately. Currently fully leased with stable tenants, but most leases have been switched to month to month or are expiring soon for the convenience of the new owner! Call to schedule your showing today.