100 11 SHERWOOD DR, Hammond, LA 70401
100 11 SHERWOOD DR, Hammond, LA 70401
100 11 SHERWOOD DR, Hammond, LA 70401
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$1,192,000
Est. payment /mo
26 Beds
14.5 Baths
10,611 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,611 sqft

Price per Sqft $112

Subdivision Not A Subdivision

MLS Listing ID 2512088

Style Ranch

Bedrooms 26

Full Baths 11

Half Baths 7

Construction Status Very Good Condition

HOA Y/N No

Year Built 1965

Property Sub-Type Other

Property Description

9 single family homes PLUS approx 1 acre of land to develop. Subtract the value of the undeveloped lots and you are paying $118,500 per home. Located just outside downtown Hammond in a very pleasant area, this offering includes all but one home on the entire street. Very well-maintained, these brick ranch style homes offer low maintenance brick veneer construction, central air/heat and spacious lots. Currently under-rented, 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 2-FAMILY housing, if desired. Amazing returns possible!

Location

State LA

County Tangipahoa

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Carport

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Construction Status Very Good Condition

Others

Tax ID 3273504

Special Listing Condition None

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Kristen Koppel

Kristen Koppel

+1(504) 525-3067

Real Estate Agent | License ID: 0995687860

Real Estate Agent License ID: 0995687860

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