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$ 1,192,000
Est. payment /mo
Active
100-11 Sherwood Drive Hammond, LA 70401
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2512088
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!
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Carport
Roof Type Other
Garage false
Building
Foundation Slab
Level or Stories 1
Others
Tax ID 3273504
Listed by Keller Williams Realty Services