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Key Details
Sold Price $540,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $600
Subdivision Hammond
MLS Listing ID 2483937
Year Built 1981
Lot Size 1.840 Acres
Property Description
This grouping of properties offers a unique chance to generate substantial passive income with minimal effort. The property boasts seven fully occupied units, comprising seven 2-bedroom, 1-bath units and one 3-bedroom, 1.5-bath trailer. Each unit is individually metered for electricity and water, ensuring that expenses are accurately allocated and tenants are accountable for their usage. With all units currently occupied by long-term tenants, this investment provides a stable and virtually a predictable stream of income. The property's setup allows for effortless management, freeing you to focus on other pursuits while your investment generates wealth.
BOND FOR DEED is an option. Call today for details.
Location
State LA
County Tangipahoa
Zoning Commer
Exterior
Parking Features Assigned
Building
Lot Description 1 to 5 Acres, Outside City Limits
Sewer Septic Tank
Water Public
Others
Special Listing Condition None
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Bought with NON-MLS MEMBER