$578,000
$615,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
17003-17019 E IOWA AVE Hammond, LA 70403
12 Beds
8 Baths
5,832 SqFt
Key Details
Sold Price $578,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,832 sqft
Price per Sqft $99
Subdivision Not A Subdivision
MLS Listing ID 2513056
Sold Date 10/07/25
Style Other
Bedrooms 12
Full Baths 8
Construction Status Very Good Condition
HOA Y/N No
Year Built 1965
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Apartment
Property Description
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!
Location
State LA
County Tangipahoa
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot, Three or more Spaces
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Oversized Lot, Rectangular Lot
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 01721003
Financing Bond for Deed
Special Listing Condition None
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Bought with Bridgewater Realty Advisors, LLC
