25
See all 25 photos
$615,000
Est. payment /mo
5,832 SqFt
Active Under Contract
17003-17019 E IOWA AVE Hammond, LA 70403
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Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,832 sqft
Price per Sqft $105
Subdivision Not A Subdivision
MLS Listing ID 2513052
HOA Y/N No
Year Built 1993
Lot Size 6,098 Sqft
Acres 0.14
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
Zoning UNK
Interior
Fireplace No
Exterior
Parking Features Parking Lot, Three or more Spaces
Water Access Desc Public
Building
Lot Description City Lot, Oversized Lot, Rectangular Lot
Dwelling Type Mixed Use
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 01721003
Special Listing Condition None
Listed by Arpent Realty and Property Man
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