This two-unit rental property in Hammond, IN offers both stable cash flow and versatile living options. Tenants are leased through January 2027, providing predictable rental income from day one. The front single-family home features an open living and dining area, a spacious kitchen, and a finished basement that includes an additional bedroom and bath. The rear building includes a two-bedroom, one-bath upper unit with an enclosed porch. On the main level of the rear building, there is a flexible living area with its own locked door, offering privacy and versatility. This space can serve as a recreation room, home office, guest area, or bonus family living area, adding unique functionality to the property. Both units are fully occupied and positioned to provide reliable income. Located in a convenient Hammond neighborhood near schools, shopping, and major roadways.