$527,500
$575,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
3,053 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $527,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,053 sqft
Price per Sqft $172
MLS Listing ID 2457966
Sold Date 10/22/24
Style Cottage
Bedrooms 5
Full Baths 5
Construction Status Excellent
HOA Y/N No
Year Built 1930
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Apartment
Property Description
Rare opportunity to purchase a University/Carrollton 5 unit complex in excellent condition with $5,834 a month in rental income! The complex was renovated from the ground up in 2014 with all new framing, electrical, plumbing, HVAC, siding, porches, & roof. There is room for value add with upgraded appliances & rent escalations but the hard work is done. Building has low maintenance exterior & located in a high demand rental area that still has room for growth. Owner/Agent
Location
State LA
County Orleans
Interior
Heating Central, Ductless, Wall Furnace
Cooling Central Air, Ductless, Wall Unit(s)
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Balcony, Porch
Parking Features None
Pool None
Water Access Desc Public
Roof Type Shingle
Porch Balcony, Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories Two
Construction Status Excellent
Others
Special Listing Condition None
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Bought with The McEnery Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
6803 Press Drive # 170, Orleans, Louisiana, 70126, United States