Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

50 Whitmar Dr, Hammond, LA, 70401

22beds
16baths
8,795sqft
$1,420,000
$161price/sqft
$9,891/moest. monthly cost
$395,640/yrincome needed

About This Home

Exceptional Investment opportunity to acquire a 16-unit complex in the vicinity of Southeastern Louisiana University and downtown Hammond. Newer Roof, Newer Windows, City utilities, including water and sewer, are provided, with all-electric units and no gas. NO Carpet. High speed internet available with several providers to choose from. Kitchens are equipped with granite countertops, range/ovens, refrigerators. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is great for investors looking for a low-maintenance, high-demand rental asset. Front and back parking lots offers plenty of parking for tenants.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
Greenville Park Leadership AcademyGrades 4-82.1 mi
4/10
Hammond High Magnet SchoolGrades 9-125.4 mi
4/10
Woodland Park Elementary Magnet SchoolGrades PK-32.5 mi

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1992

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 22
  • Bathrooms: 16
  • Full bathrooms: 16

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 8,795 sqft

Property

Details

  • Parcel number: 00992518
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Balcony,Porch
  • Exterior features: Balcony,Porch,Permeable Paving

Lot

  • Lot size: 0.34 Acres
  • Features: City Lot,Oversized Lot
  • Lot size dimensions: 100 x 150

Parking

  • Parking features: Parking Lot,Driveway
  • Has uncovered spaces: Yes