44347 Simpson PlHammond, LA 70403

This exceptional four-unit apartment building presents a compelling investment opportunity in Hammond, Louisiana. Located in the tranquil Cypress Cove neighborhood, this property enjoys a prime location just ten minutes from Southeastern University and the vibrant downtown area, offering easy access to entertainment and recreational amenities. The 3,800 square foot building sits on a 0.73-acre lot and boasts four newly renovated units, each featuring modern upgrades such as granite countertops, new HVAC systems, and stainless steel appliances. Three units showcase stylish tile flooring, while one unit features vinyl plank flooring throughout. All units are currently occupied and in excellent condition, ensuring a steady stream of rental income. Each unit includes a private porch or balcony, providing residents with picturesque views of the surrounding wooded area. The property is managed under a net lease structure, with the owner responsible for water, sewerage, trash, and insurance. Tenants are responsible for their individual electricity costs. This turnkey investment offers a rare blend of convenience, modern amenities, and strong rental potential, making it an ideal addition to any investment portfolio. The asking price is $359,000.