Investment Opportunity with Expansion Potential! This income-producing multi-family property features 22 rental units situated on 6.94 acres, comprised of 13 individual lots. The property includes 9 single-family homes, 5 duplexes, and 1 triplex, generating over $19,000 in monthly rental income and over $237,000 annually. Five vacant lots offer the potential for up to 10 additional rental units, providing an opportunity for increased income and future growth. An excellent investment opportunity with established rental income and room for expansion!
Listed By
Agency Name: Berkshire Hathaway HS - Mandeville
Agency Phone: 985-951-2324
Shown By
Agent Name: Nini Scriber
Agent Phone: (504) 782-3933
Agency Title: Ricci Real Estate
Ricci Real Estate Nini Scriber (504) 782-3933
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41126 W Lee Hughes Road , Hammond, LA 70401.
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41126 W Lee Hughes Road , Hammond, LA 70401.
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41126 W Lee Hughes Road | MLS# 200MCQ
This multi-family property located at 41126 W Lee Hughes Road , Hammond, LA 70401 is currently listed for sale with an asking price of $2,750,000. W Lee Hughes Road is located within the Tangipahoa Parish school district. Search Hammond real estate on niniscriber.riccire.com today.