$1,075,000
$1,200,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
51 Beds
27.5 Baths
21,919 SqFt
SOLD DATE : 05/17/2024
Key Details
Sold Price $1,075,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 21,919 sqft
Price per Sqft $49
MLS Listing ID 2410933
Sold Date 05/17/24
Bedrooms 51
Full Baths 27
Half Baths 1
Construction Status Average Condition,Resale
HOA Y/N No
Year Built 1977
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Townhouse
Property Description
Multi-family complex consisting of 25 units in 3 buildings available for sale! Just around the corner from supermarkets, restaurants, and other business establishments this investment property consists of 24 units having 2 bedrooms, 1 full bath. The 25th unit can be an on-site manager or owner's unit with 3 bedrooms, 3.5 baths. These units are currently 96% occupied and have month to month leases allowing opportunities to increase value through renovations, amenity upgrades and rent increases. There is also a separate laundry area with hook ups for 6 washer and 6 electrical dryers for additional revenue. Tenants pay electric and water. Owner pays for trash and takes care of grounds maintenance. Roof was replaced 2021. Flood zone C.
The property is located approximately 10 minutes from Hwy 90, 35 minutes from I-310, or 60 minutes from New Orleans metropolitan area. Please do not disturb the tenants.
Location
State LA
County Terrebonne
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description 1 to 5 Acres, City Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Average Condition,Resale
Others
Tax ID 16595
Special Listing Condition None
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Bought with DN Realty, LLC
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6803 Press Drive # 170, Orleans, Louisiana, 70126, United States