BEDS26
BATHS11 full 7 partial
SQUARE FEET10,611
MLS#2512088
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
9 single family homes PLUS approx 1 acre of land to develop. Subtract the value of the undeveloped lots and you are paying $118,500 per home. Located just outside downtown Hammond in a very pleasant area, this offering includes all but one home on the entire street. Very well-maintained, these brick ranch style homes offer low maintenance brick veneer construction, central air/heat and spacious lots. Currently under-rented, area rents indicate market rent of $1350 per month per house or more. At current rents annual revenue is $111,300. At $1350/mo per unit, annual revenue would be $144,800. Add additional revenue by improving the vacant land! RM-2 Zoning allows 2-FAMILY housing, if desired. Amazing returns possible!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Other, Ranch
Lot Size: VAR
Roof Type: Asphalt, Shingle
Stories: 1.0
Feature Descriptions
Days on Site: 304
Exterior: Brick Veneer
Lot: City Lot, Rectangular Lot
Lot Dimensions: VAR
Parking: Carport
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 9
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Services
Agency Phone: (985) 727-7000
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
Estimate Your Payment
Estimated Payment
$ 3,000.54 per month $2,652.88 Principal & Interest $0.00 Property Tax (data not provided by mls) $347.67 Homeowner's InsuranceChange Payment Information
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Wurth Real Estate Services
7840 Maple St.
New Orleans, LA 70118
504-866-7000
Additional:
1700 City Farm Drive
Baton Rouge, LA 70806
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100 11 Sherwood Drive | MLS# 2512088
This multi-family property located at 100 11 Sherwood Drive, Hammond, LA 70401 is currently listed for sale with an asking price of $1,192,000. Search Hammond real estate on www.wurthre.com today.