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100 SHERWOOD Drive, Hammond, LA 70401

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For Sale

$1,355,000

10,611 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $127.70
    Price per square foot

Explore this Property

Single family homes are the preference of most renters. Sold as a package, now is your opportunity to add 9 single family homes and approx 1 acre of vacant lots to your portfolio. Located just outside downtown Hammond in a very pleasant area, this offering includes all but one home on the entire street. Exceptionally well-maintained, these brick ranch style homes offer low maintenance brick veneer construction, central air/heat and spacious lots. Currently somewhat under-rented, current 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 two-family housing, if desired. Great opportunity!
MLS# 2512088

Courtesy Of Keller Williams Realty Services

(985) 727-7000

Property Features

  • Architecture Style
    Ranch
  • Exterior Type
    Brick, Brick Veneer

Map and Directions

Directions to 100 SHERWOOD Drive, Hammond, LA 70401

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(504) 810-2825
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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