$70,000
For Sale

W JAKE DRIVE

Hammond, LA 70401
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

A prime 2.5-acre lot, cleared and conveniently located less than 1 mile from I-55, SLU, shopping, and more, is available for purchase. Situated just off University Avenue, the property benefits from parish water availability at the road and features a sizable 36x80 slab with an 8x33' porch, poised for construction. A 60' servitude runs alongside the property, spanning its 660' length, allowing for the installation of a road and the creation of four lots, each capable of accommodating two duplexes. This property offers numerous possibilities, including the option to build two homes or a house and a mobile home. Notably, the property is located in Flood Zone X and has existing power and water setup. Furthermore, the seller has installed a 2" pump line along the south side of the right-of-way. This parcel presents a compelling opportunity for investors seeking to develop multi-family units or individuals looking to establish a picturesque homesite. The adjacent wooded area is home to a thriving deer population.

  • Property Details
      • Utility FeaturesElectricityAvailable, PhoneAvailable, WaterAvailable
      • Lot DescriptionOneToFiveAcres, OutsideCityLimits, SplitPossible
      • SubdivisionNot a Subdivision
      • Sewer InformationSepticTank
      • CountyTangipahoa
      • Property TypePurchase
      • Original List Price$70,000
      • MLS #2478726
      • MLS #2478726
      • Utility SourcePublic
      • Acres2.501
      • Cost70000
      • Property SubtypeLand

Location

Christian Perez | Star RealtyReal Estate Group
$
years

Down Payment

$
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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