Calling all investors! Here's an opportunity to add an income producing property to your portfolio. This 2 bedroom, 1 bath cottage offers approximately 1,012 square feet of living space and is currently occupied by a month-to-month tenant paying $750 per month, providing rental income from day one. The home features a raised foundation, covered porch/patio, and a covered two-car carport. Situated on a 40' x 94' city lot with public water and sewer, this property offers a manageable footprint with plenty of investment potential. Whether you're looking to expand your rental portfolio or get started with your first investment property, 121 W Newman Street is an opportunity worth considering!
Based on the average sale price from the New Orleans, LA office
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Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
121 W Newman Avenue Hammond, LA is a Single Family Home for sale at $57000 with 1004 sqft and a lot size of Acre(s). 121 W Newman Avenue Hammond has 2 bedrooms, 1 baths and was built in 1949. The property's zip code is 70403 which is in Hammond, LA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.