Exceptional investment opportunity in Hammond, LA! This fully occupied 6-unit apartment complex, located in a gated community near Southeastern Louisiana University and downtown, has been recently updated with new roofs installed in 2022 and offers plenty of parking for tenants. Included is an additional vacant lot, providing expansion potential, all on a total of 0.70 acres. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is perfect for investors looking for a low-maintenance, high-demand rental asset. Owner financing is available with bond for deed terms: 2.5-year term (30 year am), 5.5% interest rate, and 15% down. Don’t miss this incredible opportunity—contact us today for more details!
Multifamily investment opportunity featuring two fully occupied apartment complexes in Hammond. This property can be sold as a package with 11581 Ami Lane for a total of 16 units at a price of $1,600,000. West Club Deluxe complex contains 8 units - each featuring two bedrooms, one bath, and washer/dryer hookups. 1 acre site improvements include concrete streets, concrete parking spots, and city sewer/water/trash utilities. Duplex buildings are situated on concrete slabs with asphalt shingle roofs, covered porches, and brick veneer exterior on all four sides. Flood Zone X.
Great Investment property in Hammond. 5 minutes to I-55. Currently both units are tenant occupied.
Great investment opportunity! This newly renovated four-plex is nestled in the back of the serene Cypress Cove, just 10 minutes from Southeastern University and downtown Hammond’s entertainment and recreational facilities. All four units feature granite countertops, new HVAC systems, stainless steel appliances, and tile flooring, with one unit featuring vinyl plank flooring throughout. All units are occupied and in excellent condition. Each unit includes a porch and balcony with a beautiful view of the wooded area. Water, sewerage, trash, and insurance are paid by the owner, while tenants are responsible for electricity.
Newly remodeled duplex centrally located within minutes from local schools, shopping, and recreation. Live in one unit and rent out the other or rent out both units. This duplex is a must see.
Great income producing investment property. Each unit features 2 bedrooms, 1 full and 1 half bathroom. Open floor plan, nice size bedrooms and closets. Concrete parking. All units are occupied.
4-plex consist of four 2 bed/1bth units. Property stays occupied. Each unit individually metered for all utilities. City Garbage, Sewer, Water. Tenant pays all utilities. Exterior recently updated. Some interior updates were made as well. Just minutes from SELU campus, downtown, shopping, restaurants, hospitals,I-55, etc. Flood Zone X, no flood insurance required!
The median home value in Hammond, LA is $185,000. This is lower than the county median home value of $191,900. The national median home value is $338,100. The average price of homes sold in Hammond, LA is $185,000. Approximately 39.87% of Hammond homes are owned, compared to 44.59% rented, while 15.54% are vacant. Hammond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hammond real estate agent to arrange a tour today!
Hammond, Louisiana 70403 has a population of 19,374. Hammond 70403 is less family-centric than the surrounding county with 24.39% of the households containing married families with children. The county average for households married with children is 28.56%.
The median household income in Hammond, Louisiana 70403 is $37,302. The median household income for the surrounding county is $50,659 compared to the national median of $69,021. The median age of people living in Hammond 70403 is 27.4 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 62.5 inches per year, with 0 inches of snow per year.