Munster, IN 46321 216-220 Hollywood Avenue

Prime investment opportunity in Munster, IN--this fully rented duplex at 216-220 Hollywood Ave is an excellent addition to any portfolio. Both units are leased, providing immediate cash flow with zero owner-paid utilities. The property features two identical units, each offering 2 bedrooms and 1 bathroom. The 216 unit is currently rented for 1,620 per month with a lease in place through June 30, 2025, while the 220 unit is leased at 1,550 per month until August 31, 2025. With a total annual rental income of 37,440 and a pro forma potential of 43,200, this property offers strong returns with room for future rent increases.Financially, the property is low-maintenance with annual insurance costs of 1,300 and 2025 property taxes of 3,743.60 for Unit 216 and 3,974.44 for Unit 220. Located in a sought-after rental market with top-rated schools and convenient access to Chicago, this duplex is ideal for investors seeking stable, long-term income. Whether you're looking for steady passive income or a property with growth potential, this is a turnkey investment you won't want to miss.