15313 W HOFFMAN RD, Hammond, LA 70403
15313 W HOFFMAN RD, Hammond, LA 70403
15313 W HOFFMAN RD, Hammond, LA 70403
15313 W HOFFMAN RD, Hammond, LA 70403
15313 W HOFFMAN RD, Hammond, LA 70403
15313 W HOFFMAN RD, Hammond, LA 70403
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$ 795,000
Est. payment | /mo

16 Beds

8 Baths

6,144 SqFt

Save
$ 795,000
Est. payment | /mo
Save

16 Beds

8 Baths

6,144 SqFt

Key Details

Property Type Other Types

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.

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 Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Construction Status Average Condition

Others

Tax ID 5994667

Special Listing Condition None

Nearby Locations

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+1(504) 495-8499

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15313 W HOFFMAN RD