Exceptional Investment opportunity to acquire a 16-unit complex in the vicinity of Southeastern Louisiana University and downtown Hammond. Newer Roof, Newer Windows, City utilities, including water and sewer, are provided, with all-electric units and no gas. NO Carpet. High speed internet available with several providers to choose from. Kitchens are equipped with granite countertops, range/ovens, refrigerators. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is great for investors looking for a low-maintenance, high-demand rental asset. Front and back parking lots offers plenty of parking for tenants.
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Listing Snapshot
Price
$1,420,000
Days On Site
41 Days
Bedrooms
22
Inside Area (SqFt)
8,795 sqft
Total Baths
16
Full Baths
16
Partial Baths
N/A
Lot Size
0.3443 Acres
Year Built
1992
MLS® Number
2569562
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser
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