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Details

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!

PROPERTY FEATURES

Water Source : Public Sewer : Public Sewer
Parking Features: Parking Lot,Three or more Spaces
Lot Features : City Lot,Oversized Lot,Rectangular Lot
Levels : Two
Zoning:UNK

PROPERTY DETAILS

Street Address: 17003-17019 E IOWA Avenue
City: Hammond
State: Louisiana
Postal Code: 70403
County: Tangipahoa
MLS Number: 2503119
Year Built: 1993
Courtesy of Arpent Realty and Property Man

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