20
See all 20 photos
$795,000
Est. payment /mo
16 Beds
8 Baths
6,144 SqFt
New
15313 W HOFFMAN RD Hammond, LA 70403
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,144 sqft
Price per Sqft $129
Subdivision Not A Subdivision
MLS Listing ID 2574857
Style Traditional
Bedrooms 16
Full Baths 8
Construction Status Average Condition
HOA Y/N No
Year Built 1997
Property Sub-Type Apartment
Property Description
INVESTMENT OPPORTUNITY! Well maintained 8-unit multifamily complex situated on 6. acres, offering strong existing rental income with excellent potential for future expansion. Conveniently located near the interstate, hospital, shopping and dining yet tucked away in a private setting that tenants appreciate. All 8 units have been remodeled within the past 3 years, and the roofs were replaced in 2021 reducing any need for immediate capital expenditures. The units are currently commanding strong rental rates for the area. These units are all electric, individually metered for city water and have no carpet. Located in flood zone X.
Whether you are adding to an existing portfolio or looking for your first income producing property with room to grow, this multifamily investment offers a rare combination of established rental income, updated units, desirable location, privacy and development potential.
Whether you are adding to an existing portfolio or looking for your first income producing property with room to grow, this multifamily investment offers a rare combination of established rental income, updated units, desirable location, privacy and development potential.
Location
State LA
County Tangipahoa
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot, Two Spaces
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description 6-10 Units/Acre, Outside City Limits
Entry Level One
Foundation Slab
Sewer Treatment Plant
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Average Condition
Others
Tax ID 5994667
Special Listing Condition None
Listed by Live Oak Realty Partners, LLC