Alllll the way South in Hammond. Good street, this house makes for a great rental. I sold one that was identical to it a few months ago! 3 bed/1 ba, 900 sf. No basement, 1 car garage. Est Rent: $1000 Est. ARV: $70,000.00 Rehab Recommended: $17,000.00 This house has already been gutted by the seller’s son, but like most do-it-yourselfers he just doesn’t have the time to finish it. Brand new roof, brand new windows. Drywall is already down, old wiring is already ripped out. Needs a rewire + panel +switches, outlets, etc..: $5k Cosmetic rehab: Drywall, Paint, Flooring, Kitchen, Bath: $10k Furnace + Water heater: $2000.00 Asking: $34,000, cash only. I will accept the first offer at asking price that I get. - This is an ideal street in Hammond to get into a rental property at a low price, but still have a decent neighborhood. -I do not have a video yet. I will have it in a few days! This property will go fast, and at asking because of its cash flow potential.
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