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$ 824,500
Est. payment | /mo
8 Beds
8 Baths
3,600 SqFt
$ 824,500
Est. payment | /mo
8 Beds
8 Baths
3,600 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $229
MLS Listing ID NO2528391
Bedrooms 8
Full Baths 8
Lot Size 2.810 Acres
Acres 2.81
Property Description
Located in Hammond, Louisiana, 11581 Ami Lane offers a prime multifamily investment opportunity with 8 fully occupied units, each featuring 2 bedrooms, 2 bathrooms, and washer/dryer hookups. The property spans 2.81 acres, allowing for future expansion. The well-maintained complex includes duplex buildings on concrete slabs, asphalt shingle roofs, and vinyl siding exteriors, with screened-in back patios for residents. Concrete parking spots and gravel roads ensure easy access and parking. Reliable utilities are provided through parish water service and a septic sewer system. The location is ideal for commuters, just minutes from Interstate 55 and Interstate 12, facilitating travel to Baton Rouge and New Orleans. It's also near local schools and universities, such as Southeastern Louisiana University, making it suitable for faculty and students. The area is rich in commercial amenities, including Hammond Square Mall, grocery stores, and various dining options. Recreational activities, parks, and medical facilities further enhance the property's appeal. This property offers a reliable income stream with expansion possibilities, supported by a solid tenant base. For investors seeking more opportunities, it can be sold with 14106 W Club deluxe Road, another fully occupied 8-unit complex, totaling 16 units for $1,600,000. This combined package presents substantial income potential in a growing market.
Location
State LA
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Lot
Roof Type Composition
Garage false
Building
Foundation Slab
Level or Stories 1
Others
Tax ID 05336104
Listed by Elite Real Estate Advisors