$434,000
$434,000
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40063 W I-55 RD Hammond, LA 70403
8 Beds
8 Baths
3,366 SqFt
Key Details
Sold Price $434,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,366 sqft
Price per Sqft $128
Subdivision Not A Subdivision
MLS Listing ID 2485094
Sold Date 03/10/25
Style Traditional
Bedrooms 8
Full Baths 8
Construction Status Average Condition
HOA Y/N No
Year Built 1980
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Quadruplex
Property Description
Great investment opportunity with owner financing available! This property features two 4-plex buildings with weekly rentals, offering strong cash flow potential. Fully furnished units currently rent for $230 per week, with the potential to increase to $250 per week. Six units are currently occupied. The roof was replaced just two years ago, and the septic system has been recently inspected. Additionally, the property includes two on-site billboards generating $7,000 annually in extra income. Don't miss this investment opportunity!
Location
State LA
County Tangipahoa
Interior
Heating Central
Cooling Window Unit(s)
Fireplace No
Laundry None
Exterior
Parking Features Driveway, Off Street, Three or more Spaces
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Irregular Lot
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Average Condition
Others
Tax ID 4558804
Financing Bond for Deed
Special Listing Condition None
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Bought with Bridgewater Realty Advisors, LLC