Exceptional Investment opportunity to acquire a 16-unit complex in the vicinity of Southeastern Louisiana University and downtown Hammond. Newer Roof, Newer Windows, City utilities, including water and sewer, are provided, with all-electric units and no gas. NO Carpet. High speed internet available with several providers to choose from. Kitchens are equipped with granite countertops, range/ovens, refrigerators. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is great for investors looking for a low-maintenance, high-demand rental asset. Front and back parking lots offers plenty of parking for tenants.
Features
22 bedrooms
16 bathrooms
8795 sq. ft. floor area
crop_free14997.71 sq. ft. lot size
cottageMulti-Family
Property history for 50 Whitmar Dr
2022
Sold
Undisclosed
18 Apr 2022 by Charlene Daniels, of Branch Real Estate, L.L.C.
2018
Sold
Undisclosed
17 Dec 2018 by Frank Cali, of Crescent Sotheby's International Realty
Happy sellers in Hammond
87%
sentiment_very_satisfied
87% of sellers in Hammond reported that their sale price either exceeded or met their price expectations.
Hammond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 9 reviews in Hammond over the last 12 months.
Local market activity for 22 bedroom multi families in Hammond
Sold
For Sale
View the listing for inspection times, agent contact details, and more.