Courtesy of: Bart Gillis, Keller Williams Realty Services, bartgillis2@gmail.com
Courtesy of: Bart Gillis, Keller Williams Realty Services, bartgillis2@gmail.com
$1,255,000
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Other
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$1,255,000
100 SHERWOOD Drive Single family homes are the preference of most renters. Sold as a package, now is your opportunity to add 9 single family homes and approx 1 acre of vacant lots to your portfolio. Located just outside downtown Hammond in a very pleasant area, this offering includes all but one home on the entire street. Exceptionally well-maintained, these brick ranch style homes offer low maintenance brick veneer construction, central air/heat and spacious lots. Currently somewhat under-rented, current area rents indicate market rent of $1350 per month per house or more. At current rents annual revenue is $111, 300. At $1350/mo per unit, annual revenue would be $144, 800. Add additional revenue by improving the vacant land! RM-2 Zoning allows two-family housing, if desired. Great opportunity!
Courtesy of: Bart Gillis, Keller Williams Realty Services, bartgillis2@gmail.com
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