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$ 915,000
Est. payment | /mo
8 Beds
4 Baths
3,520 SqFt
$ 915,000
Est. payment | /mo
8 Beds
4 Baths
3,520 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $259
MLS Listing ID NO2522224
Bedrooms 8
Full Baths 4
Lot Size 1.730 Acres
Acres 1.73
Property Description
Rare investment opportunity to acquire 9 single-family rental homes together on a quiet dead-end street in Hammond, less than one mile (0.8) from Trafton Academy and 1.5 miles from Southeastern Louisiana University. Each home offers 2 bedrooms, 1 bath, and approximately 880 sq ft. Exterior features include fresh paint, matching fixtures, and metal roofs (1-5 years old). Interiors range from well-kept to fully renovated. The portfolio covers two parcels: four homes with carports on 1.15 acres and five homes on 0.58 acres. Current rental income is $8,550/month ($102,600 annually) with room for growth. A turnkey package with strong cash flow, attractive cap rate, and excellent proximity to schools, shopping, dining, and I-12.
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Carport, Covered
Roof Type Metal
Garage false
Building
Foundation Slab
Level or Stories 1
Others
Tax ID See Assessors, 2 parcels
Listed by K Company Realty