44347 Simpson Pl, Hammond, LA 70403

Multiple Family / 8 Bedroom(s) / 4 Bath(s)

Property Status:  For Sale | $359,000.00 | 


Property Photos


Turnkey 4-Plex Near Southeastern University!


Property Status:
For Sale | $359,000.00
Property Details:
Multiple Family / 8 BR / 4 BA
Property Style:
Four-Plex
Year Built:
1984
Finished Sq Ft:
3,800
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
No Property Features Listed.
Contact Info
Abbott Price
(504) 407-1024

View on Individual's Website
Property Description:

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)



Legal Disclaimer:
New Orleans Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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