BEDS0
BATHS
SQUARE FEET3,958
MLS#2026008557
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHammond Manor
SCHOOLEast Baton Rouge
Property Description
This meticulously maintained quadplex offers an investor a turnkey opportunity with consistent, proven cash flow. While Unit D is currently in lease-up, the asset historically maintains near-full occupancy. Investment Highlight Proven Performance: Long-term history of stable occupancy and reliable revenue. Value-Add Potential: Current rents sit below the market ceiling. Similar properties on the same street are currently achieving $1,050 per month, providing a clear path for the new owner to increase NOI through strategic renewals and market adjustments. Asset Quality: The building has been expertly managed, ensuring minimal deferred maintenance for the incoming purchaser. Pro Forma Summary Current Status: 75% Occupied (Unit D in transition) Market Rent Potential: $1,050/unit Property Type: Multi-Family (4-Unit) Please DO NOT disturb tenants. Refer all inquiries to: miguel@castrorealestateservices.com
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Quadruplex
Lot Size: 0.18 Acres
Feature Descriptions
Appliances: Electric Cooktop
Area: EBR MLS Area 42
Days on Site: 19
Exterior: Brick Siding, Brick
Foundation: Slab
Lot Dimensions: 65x137
Parking Total: 8
Sewer: Public Sewer
SQFT Total: 3958
Water: Public
Local Schools
School District: East Baton Rouge
Listed By / Shown By
Listed By
Agency Name: Castro Real Estate Services, LLC
Agency Phone: 225-936-7643
Shown By
Agency Title: Burns & Co., Inc. REALTORS®
Agency Phone: (800) 375-0608
Estimate Your Payment
Estimated Payment
$ 954.03 per month $843.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $110.54 Homeowner's Insurance
863 Hammond Manor Dr | MLS# 2026008557
This multi-family property located at 863 Hammond Manor Dr, Baton Rouge, LA 70816 is currently listed for sale with an asking price of $379,000. Hammond Manor Dr is located within the East Baton Rouge school district. Search Baton Rouge real estate on www.burnsandco.com today.