Hammond, LA 70401
MLS# NO2512088
10611 sqft
Property Description
Single family homes are the preference of most renters. Sold as a package, now is your opportunity to add 9 single family homes and approx 1 acre of vacant lots to your portfolio. Located just outside downtown Hammond in a very pleasant area, this offering includes all but one home on the entire street. Exceptionally well-maintained, these brick ranch style homes offer low maintenance brick veneer construction, central air/heat and spacious lots. Currently somewhat under-rented, current area rents indicate market rent of $1350 per month per house or more. At current rents annual revenue is $111,300. At $1350/mo per unit, annual revenue would be $144,800. Add additional revenue by improving the vacant land! RM-2 Zoning allows two-family housing, if desired. Great opportunity!
Last Updated: December - 29 - 2025
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