Great investment opportunity with owner financing available! This property features two 4-plex buildings with weekly rentals, offering strong cash flow potential. Fully furnished units currently rent for $230 per week, with the potential to increase to $250 per week. Six units are currently occupied. The roof was replaced just two years ago, and the septic system has been recently inspected. Additionally, the property includes two on-site billboards generating $7,000 annually in extra income. Don’t miss this investment opportunity!
Closed
Price Unknown
40063 W Interstate Highway 55 Rd, Hammond, LA 70403
8beds
3,366sqft
Quadruplex, Multi Family, Multi Family
Built in 1980
-- sqft lot
$458,500 Zestimate®
$--/sqft
$955 Estimated rent
Home value
$458,500
$376,000 - $555,000
$955/mo
Zestimate® history
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Owner options
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$955/mo
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Zillow last checked: 7 hours ago
Listing updated: March 11, 2025 at 01:19pm
Listed by:
Lindsay Santana 504-296-9548,
JW Property Services, LLC
Bought with:
Mason McCullough
Bridgewater Realty Advisors, LLC
Source: GSREIN,MLS#: 2485094
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Interior area
- Total interior livable area: 3,366 sqft
Property
Parking
- Parking features: Driveway, Off Street, Three or more Spaces
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.55 Acres
- Dimensions: 24163.3
- Features: City Lot, Irregular Lot
Details
- Parcel number: 4558804
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Average Condition
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Water Heater
Community & neighborhood
Location
- Region: Hammond
- Subdivision: Not a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2025 | Sold | -- |
Source:  GSREIN #2485094 Report a problem | ||
| 2/12/2025 | Contingent | $434,000$129/sqft |
Source: GSREIN #2485094 Report a problem | ||
| 2/1/2025 | Listed for sale | $434,000$129/sqft |
Source: GSREIN #2485094 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 70403
Nearby schools
GreatSchools rating
- NAAlbany Lower Elementary SchoolGrades: PK-2Distance: 2.4 mi
- 7/10Albany Middle SchoolGrades: 5-8Distance: 2.6 mi
- 6/10Albany High SchoolGrades: 9-12Distance: 2.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$458,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$458,500
- Louisiana
- Livingston Parish
- Hammond
- 70403
- 40063 W Interstate Highway 55 Rd