Multi Family (4-Plex) Investment - Metairie
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
||$96,250 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
Great Investment, all units leased and average just over $863/unit/mo (total monthly rent is $3,450). Three of the four are subsidized. Most tenants have been there for years as current owner has been very responsive.
Seller has owned for a long time and kept it up. Did flood in Katrina, but all cabinets and first floor finishes were redone at that time. Some have new flooring, some have new appliances and owner is selling the property with all kitchen appliances. W&D's owned by the tenants. 2-story (up/down) units, 2BR's, 1.5 BA's.
New roof as of 2015, new main sewer line repaired and generally in very good shape. Flood insurance is approx. $800/yr.
CALL AGENT TO ARRANGE TOURS
|Property Located Between:
||I-10 and W. Napoloeon
||In Each Unit
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