17003-17019 E IOWA AVE Active

Hammond,LA 70403

$ 615000

12 Beds

8 Baths

5832 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,832 sqft

Price per Sqft $105

Subdivision Not A Subdivision

MLS Listing ID 2513056

Style Other

Bedrooms 12

Full Baths 8

Construction Status Very Good Condition

HOA Y/N No

Year Built 1965

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Apartment

Property Description

Exceptional investment opportunity in Hammond, LA! This fully occupied 6-unit apartment complex, located in a gated community near Southeastern Louisiana University and downtown, has been recently updated with new roofs installed in 2022 and offers plenty of parking for tenants. Included is an additional vacant lot, providing expansion potential, all on a total of 0.70 acres. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is perfect for investors looking for a low-maintenance, high-demand rental asset. Owner financing is available with bond for deed terms: 2.5-year term (30 year am), 5.5% interest rate, and 15% down. Don't miss this incredible opportunity—contact us today for more details!

Location

State LA

County Tangipahoa

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot,Three or more Spaces

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot,Oversized Lot,Rectangular Lot

Entry Level Two

Foundation Raised,Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 01721003

Special Listing Condition None

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