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.
Listed By
Agency Name: K Company Realty
Agency Phone: (985) 517-6311
Shown By
Agent Name: Stephanie Burkett
Agent Phone: (504) 975-4160
Agency Title: Ricci Real Estate
Ricci Real Estate Stephanie Burkett (504) 975-4160
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15660 Becky Lane , Hammond, LA 70401.
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15660 Becky Lane , Hammond, LA 70401.
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15660 Becky Lane | MLS# 2574001
This multi-family property located at 15660 Becky Lane , Hammond, LA 70401 is currently listed for sale with an asking price of $850,000. Search Hammond real estate on stephanieburkett.riccire.com today.