100 11 SHERWOOD DR Active Save Request In-Person Tour Request Virtual Tour
Hammond,LA 70401
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,611 sqft
Price per Sqft $127
Subdivision Not A Subdivision
MLS Listing ID 2512088
Style Ranch
Bedrooms 26
Full Baths 11
Half Baths 7
Year Built 1965
Property Sub-Type Other
Property Description
Single family homes are the preference of most renters. Sold as a package, now is your opportunity to add 9 single family homes and approx 1 acre of vacant lots to your portfolio. Located just outside downtown Hammond in a very pleasant area, this offering includes all but one home on the entire street. Exceptionally well-maintained, these brick ranch style homes offer low maintenance brick veneer construction, central air/heat and spacious lots. Currently somewhat under-rented, current 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 two-family housing, if desired. Great opportunity!
Location
State LA
County Tangipahoa
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Carport
Roof Type Asphalt,Shingle
Building
Lot Description City Lot,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None