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 2483091

Style Other

Bedrooms 12

Full Baths 8

Year Built 1993

Lot Size 6,098 Sqft

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

Exterior

Parking Features Parking Lot,Three or more Spaces

Roof Type Shingle

Building

Lot Description City Lot,Oversized Lot,Rectangular Lot

Foundation Raised,Slab

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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