44347 Simpson Pl, Hammond, LA 70403
Turnkey 4-Plex Near Southeastern University!
$359,000
PROPERTY TYPE: Multi Family
PRICE: $359,000
Address:
44347 Simpson Pl,
Hammond, LA 70403
Square Feet: 3,800
Bedrooms: 8
Bathrooms: 4
Lot Size: 32,000
Year Built: 1984
Status: Available

Northshore Value Add to Your Rental Portfolio!

44347 Simpson Place is now featured by Abbott Price.
Conveniently located just 5 minutes from Southeastern University, this property offers significant potential for investors. Each of the four units features two bedrooms and one bathroom, totaling approximately 3,800 square feet of living space. The property has been renovated within the last three years, including the roof and appliances, ensuring modern amenities and reduced maintenance costs.

All units come with washers and dryers, which will stay with the building. They are separately metered for electricity, allowing for easier utility management. With a considerable lot of just under 32,000 SqFt (.75 acres), there is ample space for possible future development or enhancements.

The current rental potential is $1,200 per unit per month, making this a lucrative opportunity for steady income in a growing area.

Investment Highlights:

  • 5 minutes from Southeastern University
  • Approximately 3800 SqFt of total living space
  • 4 units: 2 bed, 1 bath each
  • Rental potential $1200/m per unit
  • Renovated within last 3 years – roof, appliances, etc.
  • Washer and dryers in unit – stay with the building
  • Separately metered for electricity
  • Big lot just under 32,000 sf (.75 acres)

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