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About This Home
This 0-bedroom, 0-bathroom single family at 100 SHERWOOD Drive in Hammond, LA is listed for $1,192,000 ($112 per sqft). Built in 1965, the home offers 10,611 sqft of living space on a N/A lot.
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!
Key Features
- Built in 1965
Property Details
Amenities
Monthly Cost Estimate
$6,375/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
100 SHERWOOD Drive
Hammond, LA 70401
Not a Subdivision
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 100 SHERWOOD Drive is listed at $1,192,000 ($112/sqft). The estimated monthly payment is $5,165 based on 20% down at 6.5% interest.
Key features include: Built in 1965.
This property is listed by Bart Gillis and can be reached at (985) 727-7000 or bartgillis2@gmail.com.
