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Celeste Marshall

celeste@reverealtors.com +1(504) 220-8558

$362,500

Est. payment - /mo

9 Beds

8.5 Baths

5,125 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,125 sqft

Price per Sqft $70

MLS Listing ID 2567248

Style Other

Bedrooms 9

Full Baths 4

Half Baths 9

Construction Status Very Good Condition

HOA Y/N No

Year Built 1985

Lot Size 6,721 Sqft

Acres 0.1543

Property Sub-Type Quadruplex

Property Description

Investor's Dream – 2 Fourplexes Sold separately or as a Package! . With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Currently has two vacancies, but units have been spruced up and are tenant ready. Significant upside potential to reach approximately $6,275 per month per building under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Don't miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance is $2,650 annually.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Carport

Pool None

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 513615604

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)

Listed by Meghan Mercadel, Broker

Schools Near

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Celeste Marshall

+1(504) 220-8558

Rêve | Realtor | License ID: 0995686000

Rêve | Realtor License ID: 0995686000

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3330 SEINE ST New Orleans, LA 70114

Celeste Marshall

Key Details

Location

Interior

Exterior

Building

Others

Schools Near

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3330 SEINE ST